Rhode Island Collection Agencies
collect bad debts for businesses and medical facilities in Rhode Island. Their fees are based on the percentage of the monies collected, or sometime on a flat fee per collection.
Rhode Island Collection Agencies
Hire Rhode Island collection agencies to help collect your delinquent accounts. Rhode Island collection agencies can help find debtors collect your outstanding invoices. Using an Rhode Island collection agency can save you money and time because their business is collecting debt, and yours is not. After 90 days of internal collection efforts, the Rhode Island Collection Agencies contingency fee is usually less than your cost to write off the account or continue sending bills, paying postage etc…
Collection Agencies in Rhode Island are regulated by State and Federal laws. Rhode Island collection agencies MUST abide by these regulations. If they do not, they are subject to stiff fines and government action.
Before you look for an Rhode Island collection agency, please consider the following considering they will be representing your business:
- Years of collection experience.
- Bilingual and/or International capabilities.
- Professionalism of collectors and the agency reputation.
- Compliance with the Fair Debt Collection Practices Act and other collection laws.
- Value added services such as skip-tracing, credit reporting, legal forwarding and best practices advice.
- Should have a presence in the largest Rhode Island cities: Providence, Warwick, Cranston, Pawtucket, East Providence, Woonsocket, Coventry and North Providence.
Health services are Rhode Island’s largest industry. Second is tourism, 3rd is manufacturing. Its industrial outputs are costume jewelry, fabricated metal products, electrical equipment, machinery, shipbuilding and boatbuilding. Rhode Island’s agricultural outputs are nursery stock, vegetables, dairy products and eggs.
Rhode Island Collection Agencies
can help save you a lot of frustration, time and money that you can invest in growing your business or practice.