Commercial Debt Recovery
If you have delinquent accounts that need a little more attention or customers who are refusing to pay, you will benefit from our collection agency.
Legal Debt Recovery
If you have been awarded a legal judgment and the debtor will still not pay, we can help you decide how far to pursue the debt.
Debtor Search
Business activity scans, up-to-date financial information on debtors.
On-line Stat/Placement
Instant account update via the internet, directly from our computers.
Field Investigator Network ( P I N )
Credit training professionals for FACE-TO-FACE meeting with your debtors, anywhere in the USA.
Credit Reports
Credit reports that give you up-to-minute information on potential customers.
Fast Track Remit
All client moneys are cleared through a locked client trust account. We remit to client on the 21st business days from the deposit day (foreign moneys require additional time) and mailed to client on the Friday of the week. Large collection items can be wired into client account on the 14th calendar day from the day of deposit.
Business Services
Balance Recovery Network, Inc. can offer their diversified management consulting services with a promise for remarkable results and excellent performance to you, almost wherever your business is located.
Custom Services
We are not just a collection agency. We can also help you make your billing practices more effective, streamline your accounts receivable management, provide call center outsourcing services, and even more...
Global Presence
Our services are available worldwide. No matter what your debt or accounts receivable problem is, we can help you; especially if you are involved in international problem.
We can custom design a program that fits your needs from a simple letter series to our diligent two-point contact system to litigation both domestically and internationally every claim we pursue is accessible to you on our website for review. You can communicate directly with the collector by e-mail, print status reports and report payments without telephone calls and additional paperwork.
Recovery
RECOVERY
A company must establish a specific policy for management of their accounts receivable from day one through the time that the account becomes delinquent. It is imperative to have an action plan.
Today's economy has become sluggish and has fallen into a recession. Time is of the essence in placing an account for collections. The older an account becomes, the lower your chances of recovery. It is critical to take proactive actions once an account receivable ages sixty to ninety days past its due date.
The chart below shows the United States Department Of Commerce statistics on the effect of aging of debt. The age of each account determines their value.
*As the age of the debt increases the success of the collection decreases.
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