Multi-State Collection Business

Description

This is an industry recognized and well established accounts receivable management and debt collections business with a multi state footprint, long standing company clientele, and a substantial active portfolio. The company specializes in bad debt collections for consumer and small commercial accounts on behalf of creditors, utilizing a consultative approach focused on collections performance and customer service.The business currently services approximately 170,000 accounts and manages an active portfolio exceeding 275 million in value, with ongoing payment plans totaling approximately 735,000. The company is licensed as a Certified Collection and Certified Debt Trader in multiple states and maintains the required bonding in place. The operational infrastructure is being expanded to incorporate patented AI enabled technology.Business HistoryFounded approximately 11 years ago, the company has built a reputation for compliance, transparency, and ethical collection practices. The business has grown organically through creditor referrals, repeat engagements, and scalable operating systems. Over time, the company has established multi state licensing and bonding, developed payment plan management processes, and formed operational partnerships to support ongoing portfolio management.