• Skip to main content
  • Skip to primary sidebar

Nexa Collections

  • Home
  • Serving
    • Medical
    • Dental
    • Small Business
    • Large Business
    • Commercial Collections
    • Government
    • Utilities
    • Fitness Clubs
    • Schools
    • Senior Care Facility
  • Contact Us
    • About us
    • Cost

Debt Collection Agency for Concrete Pumping Industry

 

Collection agency
Concrete Pumping companies often run into overdue accounts receivable. Pumps, belts cost, fuel, staffing costs, and equipment maintenance cost a lot, therefore unpaid AR can hurt the finances of a pumping company dearly. These receivables are usually B2B accounts that require commercial debt collection.

A collection agency with its three-step collection process can assist businesses to recover money in an amicable manner. They can switch over to an intensive approach if required.

Need a collections agency for your concrete pumping business? Contact us

Written Notices sent by a Collection Agency
  • The upfront cost for 5 Collection Demands is about $18 per account.
  • Debtors pay directly to you, no other fees. Low-cost option.
  • Good for accounts less than 120 days past due.
Collection Calls made by a Professional Debt Collector
  • Contingency fee only. No upfront or other fees.
  • Agency gets paid a portion of the money they recover.  No recovery-No fees.
  • Best for accounts over 120 days. A debt collector calls a debtor many times.
  • If everything fails, a possible Legal Suit if recommended by the attorney.

A trade receivable or an AR invoice is typically considered to be past due if any portion of the receivable balance is outstanding for more than 30 days.

Most Concrete Pumping companies do not require collateral for their accounts receivable; however, the Company may file statutory liens or take other appropriate legal action when necessary on construction projects in which collection problems arise. Typically, the company does not charge interest on past-due trade receivables.

The concrete pumping industry often gets bogged down in endless piles of paperwork. To minimize AR, the accounting staff should quickly process invoices without delay. This can be done by using good accounting software.

Filed Under: Debt Recovery

Primary Sidebar


accounts receivable

Kindly fill this form.
We’ll get in touch with you



    Recent Posts

    • Impact of the GLBA on Collection Agencies
    • Industries with the Best and Worst Recovery Rates
    • Will Your Business Survive if You Die?
    • Can I Hire Multiple Collection Agencies at One Time?

    Featured Posts

    • Impact of the GLBA on Collection Agencies
    • Decentralized Finance (DeFi) is an Emerging Business Trend
    • What to Know About Minnesota Medical Debt Collection
    Directory of collection agencies

    Note: Nexa is an information portal that helps businesses and medical practices to find a good collection agency at no cost to them. We are not a collection agency. We do not perform any collection activity, nor take payments, nor do any credit reporting. Leads shared with shortlisted agencies with Low Contingency Fee and High Recovery rates.

    Featured Agencies

    • Collection Agencies in Durango, CO
    • Collection Agencies in Broomall, PA
    • Collection Agencies in Mandeville, LA
    Copyright: Nexa Collections | 2021
    All information on this website is for general information only and is not an experts advice. We do not own any responsibility for correctness or authenticity of the information, or any loss or injury resulting from it. Nexa is not a collection agency. Relevant inquiries are contacted by our shortlisted collection agency partner(s)
    X
    Need a Collection Agency?
    Contact Us