The Business Reality
The best part of owning a business is planting the seeds of ingenuity, expertise, and endurance and then watching them grow into a self-sustaining business. Entrepreneurship combined with hard work and excellent customer services have time and again propelled the smallest startups into the greatest companies the world has ever seen. But as your goals and ambitions grow, so do your accounts and, unfortunately, some of these accounts slip into delinquency. This can be an awkward and uncomfortable reality for some business owners who sympathize with clients who encounter financial difficulties and leave their debts unpaid. But a second business reality is that your company will not experience the growth it deserves if you allow delinquent accounts to go unpaid. For this reason, many business owners turn to debt collection services for help.
Automated Accounts Receivable
The truth is collecting debts legally owed to your company is an ethical responsibility. Tracking down delinquent accounts is a part of managing cash flow, which affects company profit, employee pay, and benefits, and covers the general cost of doing business. Fortunately, there are new automated accounts receivable systems that can find and notify you of aged accounts. Notifications can include details like past payment performance, total sales, total delinquency, and the length of time the customer has been with the company. Optimized systems can include comments about accounts, trends, and other details that might explain account delinquency or indicate probabilities of repayment.
Debt Collection Agency Merchant Accounts
Few businesses have the time and ability to personally call each debtor for repayment, therefore many businesses choose to turn over delinquent accounts to credible debt collection agencies that utilize honest and effective methods to collect past due debts. Reputable debt collection agencies use merchant account collection agency specialists like eMerchantBroker.com to process collection agency merchant accounts.
Why eMerchantBroker.com for Collection Agency Merchant Accounts?
Debt collection agents and agencies are considered high risk by traditional payment processing institutions. If the agency is young or a startup, many credit processing providers will deny their accounts. Without credit processing capabilities, collection agencies are dead in the water, as they will be unable to efficiently collect payment for clients.
eMerchantBroker.com is the #1 provider of merchant accounts for the collection agency industry. We have assisted thousands of collection agencies including industry leaders like Collections Max. Our team of experts offers the most sophisticated Collections software and any payment processing solutions debt collection agencies may need.
eMerchantBroker.com does not require extensive credit history and can get a collection agency merchant account set up and approved in as little as 24- 48 hours. Apply today and enjoy some of the benefits of being on a winning team like:
- No Application Fees
- Competitive rates
- No VISA/MasterCard Required
- Secure Payment Gateway
Contact us at www.emerchantbroker.com or call 1-800-621-4893 to get started.