Collections and the bottom line: What debt collection agencies can do for you

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According to award-winning agency Brennan & Clark, debt collection agencies specialize in collecting delinquent debts on behalf of their clients, debts which are usually 60 days past due at the least. And often, the results are positive.

For today's blog, Brennan & Clark reviews some of the benefits companies can reap from hiring a third-party debt collection agency.

First off, debt collection agencies such as Brennan & Clark specialize in various kinds of debt. Depending on their strategies, some agencies are more likely to zero in on debts that have been delinquent for a shorter amount of time or a smaller amount of money.

These agencies also remit to their clients collected debt from credit card debt, medical debt, automobile loan debt, business debt, student loan debt, personal loan debt, and unpaid cell phone and utility bills. Typically, clients pay 25 to 45% of the amount to debt collection agencies.

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Furthermore, debt collection agencies are incredibly well-versed with the laws that govern debt collection. For instance, they know that the statute of limitations varies by state, and a reputable collection agency will follow those rules to the letter. This means clients won't have to worry about any legal repercussions.

In certain situations where debt collection agencies and companies have to deal with difficult debtors, agencies know how to negotiate settlements with customers and pursue legal action if debtors refuse to pay at all.

Brennan and Clark is a business collection agency that has been operating since 1980. A member of the Commercial Collection Agencies of America, the firm offers unparalleled service and the industry's most comprehensive guarantee. For more informative reads on business debt collection, follow this Twitter page.

An introduction to small business debt collection

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Small business owners might find it a challenge to collect payments from clients. While there are some customers who just choose to forget about their unpaid bills, some actually have real, understandable reasons for their failure to pay. However, whatever these may be, a business has the right to collect the amount owed to them by its clients.


A business owner must not take it personally when a consumer misses a payment. The best thing to do is to look into the problem, find solutions, and prevent its recurrence. Businesses have to be proactive and provide gentle reminders immediately after the invoice due date.


One pro tip in small business debt collection is gradually increasing assertiveness in the follow up communication. The initial call, letter, or email must offer the customers the benefit of the doubt and should be made with a positive and kind tone. However, by the third collection reminder, the tone may be changed to a more direct and assertive tone, without sounding unprofessional and offensive.

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Various channels in handling invoicing and debt collection should be utilized. Email reminders are likely to be buried in a busy inbox. Additional means of reaching out to consumers who have missed payments, such as phone calls and even hard copy reminders on their doorstep, should be utilized.


This task should be designated to specialized employees within the business, who must then be provided the appropriate training, support, and incentive. Spending too much time and resources on debt collection can be taxing for the operations of a small business. When an account is long overdue, it may be time to ask professional help from a debt collection agency.


Brennan and Clark is a business collections firm that has been in the business for over 30 years. The firm’s management team has been together for the past two decades, and the combined experience and expertise of its staff enable the company to guarantee higher average recovery rates than the industry average. For more updates on business collection, subscribe to this blog.

Debt collection: Where to get help

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Debt is a fatal disease for a business, especially one whose aim is to pursue repayment for an outstanding debt.

Commercial debt collection agencies like Brennan and Clark offer services that facilitate and manage companies' dues. The firm, which was founded in 1980 and operates as a member of the Commercial Law League’s Commercial Collection Agency Association (CCAA), helps various clients achieve financial recovery through strategic management and planning of debt payments.

Among its popular services is its “Cash Now program,” which empowers clients by absorbing the risks of companies' current liabilities. Such program also allows businesses to get a guaranteed net return within five days of placing accounts for collection, maintaining total control over the collection process, and saving administrative time for monitoring its debtors.

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Meanwhile, to secure an efficient operational system, the firm also provides a “Receivable Support Solution” to clients who are having difficulties with cash flow. Led by account recovery specialists and financial advisors, the firm assists and guides companies in achieving a well defined goal for their collection process.

Acting as agents of creditors, Brennan and Clark, based in Villa Park, Illinois, also provides support for the evaluation of the procedures of its clients. The firm works hand in hand to implement procedures, controlled by reliable metrics, that are managed prudently.

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Visit this website for more information on tapping efficient services for your debt collection needs.