The older accounts are the less likely they are to be collected. After three months the probability is that you will only collect $.73 of each dollar delinquent. After six months, only about $.50 of every dollar. And after one year, the best expectation is that only about $.25 of every delinquent dollar will be collected.
The Six Secrets to Successful Credit Management.
-Written credit policy
-Know your customers
-Update credit info
-Adhere to credit policy
-Early Intervention
-Follow-up!
Looking For A Credit Agency? Remember This...
-Beware of low fees; you get what you pay for.
-Remember a collection agency is representing your company.
-Errors and Omissions insurance is expensive - until your company is sued for alleged collection agency violations.
At some point every business has
customers that do not pay their
bills on time or pay with a bad
check. For large companies, this
can be an inconvenience. For
small businesses it can be
devastating. SOUTHERN
CAPITAL ASSOCIATES
has helped hundreds of
businesses recover accounts that
required the intervention of a
collection agency. We can help
you too!
We are successful at what we do,
our main source of income is
derived from the collection of
delinquent accounts. At the
point you contact us, you’ve
already incurred 100% of your
loss. Any amount we are
successful in recovering
represents revenue to you. If
there is no collection, there is
no charge. We offer a variety of
collection programs to
accommodate your companies specific needs on accounts from coast to
coast.
OUR EXPERIENCE-Southern Capital Associates,
Inc. with over 40 years
experience in this industry has
designed a debt recovery program
that will fit the needs of any
business no matter how large or
small your business is. This
system is designed to optimize
our collection efforts to get
your money.
The management staff has many
years experience in the
collection industry. With all
collectors trained and
knowledgeable in the FDCPA and
FCRA guidelines to collections,
with all this knowledge in the
collection industry why would
you go any ware else.
Southern Capital Associates,
Inc. operates worldwide with its
corporate office based in
Niagara Falls, New York. We are
licensed, insured and bonded in
many states throughout the US.
Our collection department
consists of only the most
committed collectors in the
business. We know the
value of
collecting accounts for our
customers. Quite simply if we do
not perform, we know that you
will take your accounts
elsewhere. We do not get paid
for letting accounts go by
uncollected. We only get paid
when we collect. This minimizes
your risk of further cost in the
collection process.
We know that our profits are not
derived just from delinquent
account holders, they are earned
from doing a job for our
customer, and that is you, the
creditor. Each agent in our
collection department is
expected to reach daily and
monthly targets that are set by
management following a monthly
review with each collector.
Excellence is expected and
rewarded. We work very hard to
achieve our goals without
treating your customers badly.
There is a fine line between
being firm and being
insensitive. We treat your
customers the way you would want
them treated. We know that you
do not have time for complaints
from irate customers about how
they were treated by your
collection agent. We strive for
professionalism every day.
WE ARE A FULL SERVICE AGENCY
Call us toll-free today on
1-800-440-2296
and we'll answer
any questions you have about
our
service. There are no
hidden catches.
Southern Capital Associates Inc. Suite 107 375 North
French Rd., Amherst, NY 14228
Phone 1-716-558-7200 Toll Free 1-800-440-2296
Fax 1-866-827-1142