At Stanwood Capital, we offer industry-low commission rates that will help to increase your bottom line.
At Stanwood Capital, our innovative, personal and professional approach allows us to charge commission rates that are significantly lower than 'traditional' collection agencies, so we can save your company a considerable amount of money - resulting in better cash flow and an increased bottom line for your business.
When it comes to delinquent accounts, most companies establish a dollar ‘range’ as a guide for those handling the recovery of past due receivables. On the low end of that range is an amount a company is willing to write off to bad debt and choose not to pursue beyond its customary accounting and billing practices, which, at the end of the fiscal year, can add up to significant losses. On the high end of that range is an account that a company will immediately seek legal intervention, which not only can be time-consuming but costly as well.
Stanwood Capital is the perfect solution for those delinquent accounts that fall within that range. Only you can decide what those actual numbers are for your business; however, a typical range is $5,000 - $100,000.
A value added benefit of Stanwood Capital Consultants' service is that we can save you money compared to ‘traditional’ collection services in recovering your delinquent commercial receivables. While others charge commission rates ranging from at least 25% to well over 50%, Stanwood Capital's commission rates range from 15%-20%, potentially saving your business upwards of 50% in recovery costs.
Stanwood Capital does not make 'robo-calls' or have a 'call center' and we do not send dunning 'escalation' letters like traditional collection services do. Therefore, the expense of those ineffective services is eliminated and we are able to 'pass through' that savings to our clients.
Stanwood Capital has a very simple rate schedule based on the amount and age of the delinquent account. Basically, for accounts under $5,000, our commission rates range from 17.5%-20%, depending on the age of the account when assigned to Stanwood Capital. For accounts over $5,000, our commission rates are 15%-17.5%, again depending on the age of the account upon assignment.
Additionally, Stanwood Capital can offer certain discounts for volume assignments or in other situations.
Please note that under certain circumstances, Stanwood Capital may incur expenses on your behalf (i.e. mileage, copies, fees, etc.) and we may request reimbursement of those expenditures. And for certain other matters, we may charge an hourly rate or require an upfront fee. We will discuss these other potential fees with you during our initial consultation.
For our current commission rates, please click here.
Contact us today to find out how we can save your business money while recovering your delinquent commercial accounts.
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