Commercial Debt Collection
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At CCB, we specialize in full-service B2B debt collection. Our effective, streamlined business model was developed using the best practices of both US and European collection agencies, making us one of the most effective commercial collection companies in the industry! Click here to view our contingency rates or click here to learn more about our commercial collection process, and see how we can help reinvigorate your bottom line!
Internal Rapid Recovery (IRR) Pre-Collection Program
This service is ideal for accounts that are 60 to 120 days from invoice date and that are not responding to your collection efforts. It’s also a good option for accounts that have made a payment promise that they haven’t kept.
The IRR program utilizes a series of four hand-signed letters that are sent over a period of 30 days. This method is proven to increase your recoveries by introducing CCB as a third party monitoring the account. (We’ve successfully motivated 52% of our 5000+ accounts to pay within 30 days – for a net cost of less than 1.9%!) By systematically contacting your customers every 10 days, CCB is able to place a high priority on outstanding balances without alienating your customer base.
The IRR program is a great first step because it’s easy to use. All you have to do is provide us with the outstanding amounts and their corresponding account numbers, names, and addresses. You can send this information to us in whatever format you prefer, and CCB will take care of the rest.
IRR is also a low-cost option. Rather than paying 10-30% contingency fees, you’ll pay a flat rate – no more than $18 per account. Balances paid during IRR process will be sent directly to you, and you’ll retain control of your accounts. (Your customers will be instructed to call you with any questions.)
Click here to view our pre-collection (IRR) letter program rates.