Hire a debt collector that costs less than $3 for each demand sent to your debtor. The cost of paper, envelope, printing, mailing and several additional services mentioned below are included. There are no surprises, it’s a fixed fee service, and your debtors pay you directly. My services will also free up the time of your in-house staff. Contact us for any questions.
Here is the best part:
➤ Most clients can write off this cost as a business expense in taxes after consulting their accountant.
Serving thousands of clients nationally. Highly rated on Google, 4.8 out of 5 stars, with hundreds of client reviews, including Medical practices, Small businesses, Utilities, Dental offices and Large Corporations.
(Representational image – pixabay)
What will I do? (I = Kinum)
➜ I will work on 100 delinquent accounts and send five tactical collection letters for each account. ( 1 account = 5 contacts made to your debtor)
➜ My collection demands are very impactful. These two-letter words “Collection Agency” have a strong impact on debtors, like when you are speeding & you see a “Cop”. You suddenly slow down & start following rules. They are far more likely to pay when they get demands from me versus when you were collecting yourself.
➜ You can assign these accounts to me at your own pace. (in 6 months, or 1 year, or 2 years or more .. there are no expiration dates on account purchased)
➜ I will do these additional screenings on each account at no extra cost.
➤ Has your debtor filed for Bankruptcy?
➤ Litigious defaulter check: If your debtor has a history of filing lawsuits on businesses like yours, I will inform you and protect you by close that account.
➤ Address Check: People move all the time. I will check if USPS has a new address for your debtor. If so, I will send demands to that new address.
➜ I can send these letters in Spanish or English (your choice).
➜ All these letters are attorney approved.
➜ If there is a mail return, I will inform you.
➜ I am legally compliant with Local and Federal laws. All my services are HIPAA, FDCPA and FCPA compliant (including the latest REG-F laws). I can work in all 50 states.
➜ I can contact your debtors in one of the following three ways (your choice)
➤ First Party contact series: Five reminders sent under your name (2 automated phone calls, plus 3 written reminders). No 3rd party name is involved.
➤ Third Party contact series: All five demands are made under the name of Kinum collection agency. (Default service).
➤ Hybrid series: One reminder letter under your name, followed by four demands in the name of Kinum Collection Agency.
➜ 100% US based. Only US-based / US citizens. No outsourcing to any foreign country.
Order Now – 100 accounts
Process of assigning these accounts
➜ I will provide you with a secure online portal (SSAE 18 SOC 1 Type 2 data security compliance Certification). You can either enter accounts one-by-one or send a batch of accounts using an excel spreadsheet.
➜ You will be able to monitor my collection activity online – 24/7.
➜ Provision to stop collection activity on any account. You can also post payments and run performance reports at any time.
What I need from you
➜ Keep backup documents handy for all accounts submitted to me. These could be signed contracts, invoices, and other documents that prove the legitimacy of the debt.
➜ Promptly update me of any payments made to you by debtors so that subsequent letters go with the correct balance. If it is Paid in full, I will stop sending more demands and mark the balance as zero.
What I won’t do in the fixed fee service?
➤ But, I handle these tasks in the “Verbal Demands” service mentioned later in this article.
➜ I will not make personal phone calls to the debtors.
➜ If a dispute is received, I will mark that account as disputed and let you directly deal with the debtor.
➜ I will not do Credit Bureau reporting in this step.
Finally – How much do I charge?
Your total out-of-the-pocket cost to hire me: Only $14.50 per account for 100 accounts. 5 Contacts per account!
So for nearly $3 per contact, I bear the cost of Paper, Envelope, Printing, Mailing, and many other additional services mentioned above. My price drops as low as $1.50 per contact ( BEAT THAT !!)
Businesses these days are short-staffed. Let your in-house staff work on their core job responsibilities while I work on your accounts receivable. Your in-house recovery costs are multiple times more than the cost of my service.
Most collection agencies hate my service since they cannot even come close to the price I am offering here. Traditional agencies typically offer only contingency-based collection services.
There are no surprises, as your cost is fixed. Assign accounts once they are 60 to 120 days past due for maximum recovery.
Other Packages that I offer
The cost per account decreases if you need more accounts ( and vice versa).
|Other Packages: |
➤ a 50 accounts order will cost you $16.50 per account
Order Now – Select your preferred package
What if an account remains unpaid after five demands?
➜ Many of your debtors will require that extra effort. They can be transferred for intensive collections (Verbal Demands).
➜ I will call your debtor multiple times to recover your money.
➜ Verbal demands is a contingency fee service. This means I get paid only when I collect. No recovery means No fee.
➜ You get 60% of the amount collected, and I keep 40%.
➜ We can also do Credit Reporting on these accounts (if you want).
➜ If a dispute is received, I will take appropriate action based on the nature of the dispute and the backup documentation provided by you.
➜ You sit back and relax. Even if a debtor calls you to make a payment, tell him to contact me.
➜ I deploy some pretty advanced tools to recover money (including Skip Tracing).
➜ If everything fails, I can refer this case to a lawyer after getting your permission.
My recovery rate is way higher than the industry average.
As you might guess, there are clients for whom I have collected 100% of their debt. There are others for whom I have collected nothing. I deploy several highly effective tactics to recover your accounts receivable.
I put “people” before numbers & profits. Backed by a team of the finest professionals with decades of experience in the debt collection industry, I am eager to start collecting for you.
“I”, “we” and “us” in this article refers to “Kinum Inc.”, The Smarter Collection Agency. We are recovering almost 2 million dollars each month for our clients ..( as of Aug 2022 ).