Should You Notify Customers Before Hiring Collection Agency?

Many businesses are often unsure of what the correct steps are to do when considering hiring a collection agency.  Companies understand they probably need help to recover the money owed but have many questions on what should be the best strategy to improve the odds of getting paid. One of the most common questions asked [...]
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Tips For Small Businesses To Collect NSF/Bad Checks

Most businesses accept only debit or credit card payments as many transactions are complete over the phone or online.  For customer facing businesses such as retail companies, accepting checks is another common payment method. When checks are written to a business and fail to be deposited due to insufficient funds, this is considered a bad [...]
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How Does Small Business Send Someone To Collections?

Sending someone to collections happens when a customer fails to pay a business on time.  The business turns the account over to a collection agency that will then proceed to attempt to collect the money on behalf of the small business. Once the decision is made to hire a collection agency, understanding the next steps […]
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Should You Hire The Cheapest Collection Agency?

When companies are considering hiring a collection agency one of the first questions is, “How much do you charge?” It is understandable to be concerned about the cost considering your business is already owed money for services or products performed.  Attempting to hire a collection agency at the lowest rate possible may result in less [...]
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10 Most Common Questions For Collection Agencies

How Much Do You Charge? Most collection agencies work on a contingency rate.  Basically, this means the collection agency keeps a percentage of the money they collect.  If no collection occurs then no money is owed to the agency.  The rate depends on the age of the debt, amount of the debt, and type of [...]
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Top 17 Tools for Debt Collection Agencies in 2023

The economy is changing at a rapid pace during the era of Covid-19 and the debt collection industry is no different.  While the pandemic has created many challenges for collection agencies, they are many opportunities to improve your collection agency and become more profitable in 2023. Below, we are covering the top 17 tools that [...]
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How Does a Contingency Rate Work For Debt Collection?

How Does a Contingency Rate Work For Debt Collection? A collection agency only gets paid after collecting payment successfully.
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Tips to Hire Collection Agency for Small Amounts

Many businesses are faced with the dilemma of customers owing a small amount and they are refusing to pay.  The easiest solution is to write off the debt and never do business with the customer again.  The best solution is nearly just as easy though. Hire a Collection Agency for Small Amount Invoices While hiring [...]
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Financial Tips for Businesses and Individuals to Survive a Recession

Due to the economy being shut down in order to slow down the spread of Covid-19, unemployment is high. Many small businesses are struggling to find ways to survive the crisis.  The concerns are genuine. How does a business operate when customers refuse to come in to a place of business?  Cash flow and sales [...]
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Collection Agency List

We have compiled a list of the top collection agencies in each state. If you are looking to hire a collection agency to assist you with past due customers, look below to find your state and the collection agency we recommend. CollectionAgencyMatch.com is a free service that helps small businesses find collection agencies. List is [...]
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Top 5 Questions to Ask a Collection Agency

Every day companies contact us looking for help with past due customers.  We are always willing to listen to everyone that calls and attempt to provide answers to any question that arises. After thousands of calls, these are the top 5 most common questions asked about using a collection agency. How much does it cost? [...]
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Tips to Keep Accountants Profitable with Positive Cash Flow

Accountants are usually the first one called upon when a business owner is concerned about the profitability of a company. They have a finger on the pulse of a business and can usually quickly pinpoint where too much money is going out or not enough cash is coming in. What happens when professional accountants and [...]
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How to Hire Collection Agency in Nebraska

Small businesses in Nebraska can easily hire a collection agency that will help them recover the money owed. A Nebraska collection agency can take past due accounts from small businesses and turn the potential losses into revenue to help increase cash flows. Many small business owners do not know how to hire a collection agency [...]
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Tips to Hire Colorado Collection Agency

Having a strategic plan when customers fall do will determine the level of success of the amount of money that will be recovered. When a small business in Colorado extends credit for services or products to customers who then fail to pay the invoice on time, hiring a collection agency in Colorado can help collect [...]
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Hire Oregon Collection Agency

A business must have a plan to recover the money owed when a customer falls past due. Hiring a collection agency to help on delinquency customers is the best decision for small businesses. Any company that offers products or services on credit is at risk of customers paying late. What a business devices to do [...]
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How to Hire Nevada Collection Agency

While all businesses never expect a customer to fall past due on paying an invoice, occasionally it will happen and the company needs to know how to respond. Most businesses will attempt to collect on the invoice with phone calls, e-mails, and sending the invoice through the mail. When these efforts fail, hiring a collection [...]
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How to Hire Collection Agency in Washington

Customers who refuse to pay an invoice on time are a fact of life as a small business owner. How a small business responds to having past due customers will affect future cash flows dramatically. If a small business is having a difficult time collect from past due accounts, hiring a collection Washington collection agency [...]
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Hire Best Collection Agencies in Arizona

Small businesses in Arizona who provide services on credit will eventually have customers who fall behind with payments. How a small business responds to the delinquent accounts could be the different in literally thousands of dollars. If you are wondering, “How the heck do I hire a collection agency”? No worries, we have you covered! [...]
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Hiring a Collection Agency in Massachusetts

Small businesses throughout Massachusetts face the issue of delinquent paying customers. How a business handles this delinquency problem will greatly affect future cash flows. Many companies will attempt to collect the debt themselves. This is a good solution but when it is determined the customer will not be paying, hiring a Massachusetts collection agency is [...]
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How to Hire Maryland Collection Agency

A business based in Maryland that provides service or products on credit will eventually discover some customers will fall delinquent in paying invoices. Once a business discovers the customer has no intentions of paying, bringing in a collection agency to assist in recovering the money owed is essential to improve cash flow. While some businesses [...]
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