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BCC$. Your Company Your Name. Robert Holt Baltimore Credit & Collection Services, Inc. Overview. Assistance with past-due collections for existing client debtors and workout scenarios. Available services. Collection of past due invoices Collection of all invoices for workout clients.
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BCC$ Your CompanyYour Name Robert Holt Baltimore Credit & Collection Services, Inc.
Overview • Assistance with past-due collections for existing client debtors and workout scenarios.
Available services • Collection of past due invoices • Collection of all invoices for workout clients. • Outsourcing of 30-90 day collections for existing accounts.
Features & Benefits • Increased cash flow. • Collateral control of non-securitized invoices. • Experienced, effective & rapid collections by professional agency. • Time saved by Your Company for other needs, especially in crisis mode periods.
Collection of over 90 invoices • Past due collections handled by third party collection agency. • Professional demand letters on agency letterhead. • Threat of further legal activity and/or notification to D&B and DebtWatcher.
Collection of invoices for workout clients • Same-day action on all accounts. • Quick action improves return. • Can be used in conjunction with other resources.
Outsourcing • 30-90 day accounts to improve collections or monitor status of collateral. • Much more cost-effective than additional in-house collector. • Time saved for other tasks. • Acts as in-house collector for continuity. • Fees on hourly or contract basis.
Applications • Your Company sends collection claims to BCCS, via e-mail, fax or mail. • Workout client claims sent to BCCS directly by Your Company. • Your Company can also contract with BCCS to outsource the collection process.
Specifications • Your Company contracts with BCCS on annual contract or “as-needed” basis. • All payments go directly to BCCS to insure proper flow of collateral, with regular reciprocal notification of both parties as to status.
Pricing • Fees based on size and age of collections. Highest fee is 25%. • Outsourcing on hourly basis or by annual contract. • Reduced fees for blanket contracts. • Collection fees also reduced for outsourcing clients.
Availability • As soon as needed. • Exclusivity contracts available.
Baltimore Credit & Collection Services “We help you get more of the money you’ve earned……”