Do friendly debt collectors exist? Wait til you meet our team.
Have you thought about using a consumer or commercial collection agency, but youre not sure if its worth your while? Or, have you tried a big agency before, only to find confusing fees, poor service, and disappointing results?
With a nationwide footprint and recovery rates nearly double the industry average, Summit Account Resolution (Summit AR) is changing minds about collection agencies, one client at a time. Since 1996, weve been doing things a bit differently. Our track record includes successful recovery of some of the most difficult debts.
What sets Summit AR Apart:
Over 25 years on the front lines of debt collections
A long-term staff of trained, licensed collection professionals
A skip-tracing department run by a licensed private investigator
No robo-calls, threats, or other aggressive tactics
Fees you can understand; no minimums or hidden costs
Perfect A+ Rating with the Better Business Bureau (BBB)
Impeccable compliance record with all regulating agencies nationwide
How We Earned a P.H.D. (in Collections)
Historically, debt collection agencies have gotten a bad rap because some are perceived as using unethical tactics. Not only do these tactics fray the relationships youve worked hard to build; they can irreparably damage your reputation.
Summit uses an approach we call our P.H.D. Philosophy (Preserve Human Dignity) to ensure your company is represented with professionalism and integrity at every step of the debt recovery process. Our experts handle accounts with sensitivity and compassion, allowing us to recover what youre owed without alienating the customers and vendors who are vital to your business. We encourage prospective clients to review our mission statement to better understand our values and approach.
There are many advantages to using the services of a . More often than not, a consumer will cooperate with a collection agency, even if they have not been cooperative with the creditor. This is because most understand that collection agencies may affect their credit history along with employing other methods, such as legal action, to secure payment. The bottom line is that you are busy enough trying to perform your other functions to have to waste time tracking down customers who havent paid their bills.
Various factors will determine our fee (i.e. age, type, balance size). However, our typical compensation involves contingency fees of between 7.5% and 50%. Contingency fees ensure that your company is not throwing good money after bad; we are only paid if we are successful. Compare this to other agencies that charge an upfront fee and require you to place a specified number of accounts on a monthly or annual basis. At Summit AR, our contracts do not contain any quotas or minimums. Only you know whats best for your business and when and if accounts should be placed for collections. Call or email us now to discuss how we can provide cost effective solutions to some or all of your delinquent receivable needs.
We take pride in our proven system and our results speak for themselves. We have consistently realized recovery rates that are, in most cases, double the industry average across a broad range of industries and debt types.
As soon as you believe repayment of debt is in doubt. The longer you wait, the less chance there is of the money reaching your hands. If they havent responded to your first or second late notice, the best way to ensure you will be paid in the future is to send the account to us. As more time elapses, studies show that it becomes less and less likely that the debt will ever be recovered. Other variables on collectability include, but are not limited to, the type of debt, documentation, balance, and industry. However, the biggest variable that you have control over is the amount of time that has passed since they have become past due. Dont delay any longer, start getting paid today.
Claims are entered in our collection system immediately and the person responsible for the unpaid debt is notified shortly thereafter both by phone and mail. If we are unable to reach the person, has a staff that includes actual licensed private investigators that track down the persons responsible for paying this obligation. The person owing your debt will be found. Then, our proven system includes a phone call campaign along with a letter series. Some debts can be collected within the first few days while others may take longer. Our goal is to get you paid within 90 days.
All payments are immediately deposited into a state-regulated client trust account. The net amount due to your company on payments made, in any single month, are sent to you on the 10th of the following month. However, if a consumer pays you directly in response to campaigns, you must notify us immediately so that proper credit can be given to your customer. We will bill you directly for these fees.
Summit Account Resolution prides itself in strong relationships with our clients. You will be assigned to an account manager who is always available for any questions or concerns that you may have. We will also update you on our progress with monthly collection reports, which give detail on the collection process.
We will keep detailed and accurate reports regarding all your accounts. There are times when accounts will not be collectible via our normal collection process. At that time, Summit AR will determine if legal action is appropriate. If we feel it is, we will notify you and discuss the next steps with you. Please note additional fees and/or costs may apply but these will be discussed and approved of by you in writing prior to being incurred. Much like our standard collection program, theres no additional time or effort required on your end. We manage the entire litigation process.
Many people view collection agencies as one step away from a mafia hit man, but this is really not the case. Summit Account Resolution understands that your current past-due account may be your future best client. During our 25-year history, we have prided ourselves in the way we conduct business. Along with being members of the local Better Business Bureau, we also have an excellent reputation in dealing with people with a level of professionalism rare to our industry. You can count on us to handle your accounts with respect and integrity while also maximizing the returns your company deserves.
SUMMIT AR exists for the sole purpose of reuniting our clients with their hard-earned revenue in the most efficient, ethical and cost-effective manner. We do this while adhering to strong core beliefs and values.