Collection Agency Comparison

*Our Top 3 Picks

Our Top Pick

Debt Recovery Services

4.8

†Editor's Rating

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Vericore

4.7

†Editor's Rating

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Kramer, Fox & Associates

4.7

†Editor's Rating

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*Our Recommendations

Debt Recovery Services

4.8

^†Editor's Rating

Why We Like It:

Debt Recovery Resources has a long history of fast recoveries and proven results.
The agency provides individualized cost-effective collection solutions.
Debt Recovery Resources can manage your accounts receiveable.

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Vericore

4.7

^†Editor's Rating

Why We Like It:

VeriCore is famous for its zero-fee collections program.
The company uses unrivaled collection tools and techniques to recover funds.
VeriCore is an industry pioneer in the field of compliance and licensing.

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Kramer, Fox & Associates

4.7

^†Editor's Rating

Why We Like It:

Kramer-Fox specializes in asset and liability investigations, legal forwarding and commercial collection solutions.
The firm uses investigators local to your customer.
You can conduct a skip trace search right on the Kramer-Fox website.

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Milliken & Michaels

4.6

^†Editor's Rating

Why We Like It:

Milliken & Michaels promises a level of service others are either unable or unwilling to provide.
The agency provides contingency-based debt collection, legal forwarding and free profile searches.
This is a women-owned business certified by the Women's Business Enterprise National Council.

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Benefits of Debt Collection Agencies

Increases Recovery Rates

Collection agencies have the experience, resources and strategies to track down debtors and negotiate payment plans, significantly increasing the chances of recovering your money compared to in-house collection efforts.

Reduces Time and Stress

Chasing late payments can be a time-consuming and stressful task for a small business owner. Outsourcing debt collection frees up your valuable time and resources so you can focus on running your business.

Improves Cash Flow

By recovering unpaid debts faster, debt collection agencies can improve your business's cash flow. This allows you to meet financial obligations, invest in growth opportunities and maintain a healthy financial position.

Ensures Legal Compliance

Debt collection agencies are well-versed in the intricate legalities surrounding debt collection. They ensure your business adheres to local laws and regulations, protecting your company from potential legal issues.

Minimizes Reputational Damage

Hiring a debt collection agency demonstrates a professional approach to resolving payment issues. They can handle sensitive collection situations effectively and quietly, minimizing reputational damage.