Collection Agent

Find a Collection Agent for Accounts Owed

Any business which works with a ‘buy now, pay later’ system, runs the risk of the occasional non-payer, and chasing after debtors’ accounts can be a time-consuming as well as expensive process if external assistance is not enlisted. A collection agent can take care of chasing after outstanding payments, and one of the advantages of outsourcing debt collection is that collection professionals have experience in getting debtors to pay back the money owed.

Your Collection Agent should not overcharge you

When you enlist the services of a collection agent, it is wise to first determine what collection services will cost you. Some service providers charge fees prior to even making contact with those who owe you money, while others only charge a percentage of the amount of money recovered upon a successful recovery attempt. The latter payment system is more to your advantage, as you will only have to pay a portion of money you reclaim, and thus will never lose money.