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Collections |
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| Financial Solutions Group was founded with a goal of providing customer
service with integrity. In addition we have added experience and good
old-fashioned hard work. We know how important your business is to you. In reality, scare tactics and
threats may actually prolong payments, create resentment and could permanently
lose business. FSG has been designed to produce the maximum flow of
dollars from the debtor to you because your bottom line is our primary
concern. Your time is valuable and we're here to help you manage your time
more wisely in order to increase your profits. With FSG in your corner,
you will be able to do the things you need to be doing. Give us a
try! You have nothing to lose and a lot to gain.
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Plans & Fees |
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| Plan 1 |
Plan 2 |
Plan 3 |
Plan 4 |
All Plans |
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| Plan 1 "The Off-Site Agent". This plan offers
an extraordinary rate of 15% when we collect an account in your company's
name with our personnel. Plan 1 will get you higher collection efficiency
which in turn will reduce your Average Days To Pay. Basic requirements
are: 
Client saves 60%-80% off the customary rate;
Debtor must be in business with a valid address and phone number. These accounts
are "just due and owing".
Placements must be tendered for immediate collection service only and no less
than $250.00 in total value, do not exceed 91 days in age and cannot be
disputed.
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UP to Plans |
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Plan 2 "Standard Rates". These rates apply to
bad checks and domestic accounts under one year old from the date of the
oldest invoice.
Amount To Be Collected
Fee When Collected
$250 &
Greater
25%
$0 to
$250
35%
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UP to Plans |
| Plan 3 "Aged Account Rates". These rates
apply to bad checks and domestic accounts between one and two years old from
the date of the oldest invoice.
Amount To Be Collected
Fee When Collected
$250 &
Greater
35%
$0 to
$250
50%
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UP to Plans |
| Plan 4 "Salvage Account Rates". These rates
apply to known skips, out of business, 2nd placements and domestic accounts over
two years old from the date of the oldest invoice.
Amount To Be Collected
Fee When Collected
All
Amounts
50%
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UP to Plans |
| All Plans: Merchandise return is one-half of the
normal fee. Fee for proof that payment was made prior to placement is one-half
the normal collection fee. A minimum fee of 25% is deducted from the first collection on
each account. If legal proceedings become necessary, disbursements and suit
fees, if applicable, are additional. We will not proceed with any legal action
without written authorization from the client.
We also offer Third Party Demand Letters which provide the
Creditor with a much higher return than your own dunning letters. We will
send a series of three increasingly demanding letters for $9.00** per account,
minimum contract of 50 accounts. (**$12.50 per account if we mail the letters
for you.)
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UP to Plans |
| Don't see what you are looking for? Please contact
us! We'll work with you to design a plan for your individual needs. |
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| Let's face it, collection is a sensitive area.
When you turn a delinquent account over to a collection service, you want
to do so with confidence. The amount of time it takes to collect your past due
receivables and the amount collected depends primarily on the expertise of the
agency that handles your accounts and the expedience of the collection process.
FSG is the agency that will represent your company with
professionalism, integrity and tact. If you have already tried other
collection agencies, you probably turned your accounts over to a computer.
However, when you turn your accounts over to us you will have an individual
account executive that will handle your claims on a one-to-one basis. We
give every single claim our personal attention whether your collection portfolio
is $100 or $1,000,000. We will work with YOU to design a collection system
to suit YOUR needs.
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"Cash flow is
what drives a business whether you are large or small. Delinquent accounts are the
brakes that bring companies to a screeching halt." |
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*****PRICES ARE EFFECTIVE 09-03 & MAY BE SUBJECT TO
CHANGE. PLEASE CONTACT US FOR A QUOTE*****
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