Early identification and timely placement of your Business-to-Business (B2B) collection accounts is key to every successful recovery. Our commercial debt collection agency has the experience and tools necessary to collect your commercial debts. HF Holdings, Inc. allows you and your staff to focus on your business while we effectively recover funds from delinquent accounts. Our customized approach to commercial collections aims to minimize damage to your business to business relationships.
With our commercial collection experts you will receive:
- Investigation of corporate officers
- Location and identification of company assets
- Experienced B2B debt collectors
- 24/7 access to our Client Portal
We understand how stressful it can be to have outstanding paying with no expected collection date in sight. If the business is open and your requests for payment are being ignored, itâ€™s time to call in the expert services of an established commercial collections company. By placing the account with HF Holdings, Inc., youâ€™ll benefit from having a commercial collection agency on your side that has all the tools necessary to obtain the funds youâ€™re owed!
What are commercial collections?
Commercial collections encompass any attempt to recover unpaid debts from one business to another business. Unlike consumer collections, where a consumer owes a business payment, commercial collections only deal with unpaid invoices from one business to another.
What happens when a business is sent to collections?
When a business is sent to collections, collecting the debt of the business becomes the responsibility of the collections agency. How much the agency keeps of the collected debt is based on factors such as the amount andhow long the debt has been owed.
How does commercial debt recovery work?
The commercial debt recovery process begins when the collections agency has all proper documentation at their disposal. They then begin the outreach process. If attempts are ignored, legal services are often called upon to apply pressure to the business that owes money.