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List of collection agencies in Little Rock, AR
Is your revenue expiring while you wait? Contact Us Before the Deadline
The Silent Killer of Little Rock Cash Flow: The “Two-Year” Trap
Little Rock is entering a new era of growth—from the massive $150 million industrial expansions at the Port of Little Rock to the bustling medical corridors of Midtown and West Little Rock. But while the local economy speeds up, many businesses are losing money to a legal technicality they don’t even know exists.
Here is the hard truth: If you are using a passive, “wait-and-see” collection agency in Arkansas, you are likely burning cash.
Why? Because Arkansas has some of the shortest statutes of limitations in the country.
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Medical Debt: You have only 2 years to sue for unpaid medical bills (Ark. Code § 16-56-106).
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Oral Contracts: Handshake deals—common in local B2B service sectors—expire in just 3 years.
If your current agency sits on an account for 18 months trying to “play nice,” they have effectively run out the clock. You cannot afford a slow partner in a fast-moving legal environment. You need a strategy that strikes now.
A Modern Arsenal for Pulaski County Businesses
We don’t wait for debts to age. We attack the problem while the money is still recoverable.
We replaced the outdated “percentage-only” model with a Fixed-Fee Early Intervention system. This gives you the speed you need to beat the 2-year deadline without giving up 50% of your revenue.
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Step 1 & 2 (Fixed-Fee Speed): For just $15/account, we send official third-party demands. We get to the debtor before other creditors do.
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Step 3 (Contingency Power): If they ignore the demands, we escalate to our specialized team (40% fee). No recovery, no fee.
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Step 4 (Legal Authority): We manage the litigation process if a judgment is required to garnish wages or levy assets.
Why Little Rock CFOs Switch to NexaCollect
1. Licensed in All 50 States (Critical for Transplants)
Little Rock is a hub for talent, but people move. If your debtor leaves Pulaski County for Texas, Tennessee, or California, a local-only agency hits a wall. We are fully licensed in all 50 states. We follow the debtor, not just the address, using advanced skip-tracing to recover funds across state lines.
2. Reputation Protection & High Google Reviews
In a connected city like Little Rock, your brand is everything. Aggressive tactics generate 1-star reviews that hurt your ability to attract new patients or clients. Our approach is diplomatic and firm. We protect your name on Google while getting you paid.
3. We Beat the “Expiration Date”
Most agencies don’t prioritize accounts based on the statute of limitations. We do. Our system identifies accounts approaching the 2-year (medical) or 3-year (oral contract) mark and prioritizes them for immediate escalation.
Real Results: Beating the Clock in Little Rock
The Medical Scenario: Beating the 2-Year Deadline
A busy specialist clinic near Baptist Health was sitting on $34,000 in unpaid patient balances. The problem? Many accounts were 18 months old, approaching the strict 2-year Arkansas statute of limitations. Their previous agency had done nothing.
The Fix: We immediately deployed our Step 2 Demand Service ($15/account) to the entire batch.
The Result: The urgency of our official notice worked. We recovered $19,200 in just 45 days—money that would have become legally uncollectible just a few months later.
The Industrial B2B Scenario: The “Port” Expansion
A manufacturing supplier servicing the Little Rock Port had $55,000 in unpaid invoices from a regional distributor. The debt was based on email agreements, placing it dangerously close to the 3-year oral contract limit.
The Fix: Our Step 3 commercial team stepped in not just as collectors, but as validators. We compiled the shipping logs to prove the debt was valid.
The Result: Facing our documented proof and professional pressure, the distributor paid $41,000 to settle the account and keep their credit line open for future port projects.
Critical FAQs: What Little Rock Businesses Ask
Q: Is it true that medical debt expires in 2 years in Arkansas?
A: Yes. Under Ark. Code § 16-56-106, medical providers generally have only two years from the date of service (or last payment) to file a lawsuit. If your agency is “working” an account for a year without results, they are pushing you toward a cliff. We prioritize these accounts immediately.
Q: What happens if I hire an unlicensed agency?
A: You are inviting a lawsuit. The Arkansas State Board of Collection Agencies (ASBCA) is strict. Any agency collecting in Arkansas must be licensed, bonded, and have a physical presence or registered agent. If you hire an unlicensed “national” agency and they get caught, you could be liable for statutory damages. We are fully licensed and compliant.
Q: My “handshake” deals are hard to collect. Can you help?
A: Yes, but speed is key. Arkansas limits legal action on oral/implied contracts to 3 years. If you don’t have a signed contract, the debtor knows they can wait you out. Our Step 3 (Contingency) team specializes in negotiating these “grey area” debts by validating the service provided, effectively closing the loophole before the 3-year clock runs out.
Q: Why shouldn’t I just use a local lawyer?
A: Lawyers bill by the hour; we bill by results. A lawyer might charge you $300 just to write a demand letter. We charge $15. Unless the debt is over $5,000, a lawyer is rarely cost-effective. We offer the legal leverage without the retainer fee.
Stop Watching Your Revenue Expire.
In Arkansas, time is not on your side. But we are.