Collection Agency for Denver, Colorado
Credit reporting to all three major bureaus
No up-front fees, we don’t get paid unless you get paid
High success rate on second placement accounts that other agencies failed to collect on
A nationwide network of attorneys
Call Us: (800) 486-5500
At First Federal Credit Control (FFCC), our experienced staff has helped businesses in Denver, Colorado to collect on their unpaid balances since 1970. With an average employee tenure of 18 years, you can trust that our staff is highly trained in every aspect of collections.
The FFCC Process
- FFCC begins with a series of calls and letters. Debtors have the option of paying via phone or through our secure website.
- If there are mail returns or the phone numbers that are provided are incorrect we have skip tracing tools that allow us to find the necessary data.
- After 45 days from account placement accounts are reported to all 3 major credit bureaus (Experian, Equifax, and Transunion)
- The last step in our process is to recommend legal action. We have a nationwide network of attorneys that we have relationships with.
The Effects of Delinquent Payments in Denver, Colorado
The most essential aspect to maintaining a functional business is to receive prompt and timely payments for services rendered and products purchased. As a business owner or business manager, you understand the importance of your customers paying their bills. When payments are delayed or stopped for any reason, it can quickly outpace your expenses and make it difficult or impossible to continue running your own business, and can eventually lead to a closure or worse- filing for bankruptcy.
How Can a Debt Collection Agency Help My Business?
One common reason many business owners put off contacting a Denver debt collection agency is from a concern that their relationship with their customers or their reputation in the community will be negatively affected. However, upon hiring an agency that is well-established in the area and skilled at what they do, most businesses find that working with a respectable collections agency can not only bring revenue back up, it can also help to improve client relationships.
If you’ve reached the point where you’re searching for a “collection agency near me,” you can trust that First Federal Credit Control will work to reach an optimal outcome for both you and your clients. Our first step with a new client is to work closely with them to determine their goals, their needs, and to acclimate to their brand, allowing our team to work as an extension of the client, rather than a separate entity. Not only that, but as an established firm in Denver, we bring our own developed industry relationships to the table, as well as the best recovery rates in the collections industry.
In a small or family-owned business, the customers and staff frequently have developed a close relationship, making collecting delinquent or outstanding debt difficult or sensitive. By hiring an experienced collection agency to do that work instead, you can relieve yourself of the stress and difficulty associated with collecting from your clients and ensure you still get the money you are owed.
What Should I Consider When Hiring a Debt Collection Agency in Denver, Colorado?
There are a few points to research when looking at hiring one of the many debt collection agencies in town:
Firstly the agency should be able to work as an extension of your company and brand. Find someone that will do the work to learn your company, the specific ways your brand operates, and how you do business.
Find a debt collection agency that has been established in your region for several years. It’s important for them to have knowledge of the economy, the regional demographics, and what businesses are in the region.
Figure out if the debt collection agency offers services that are specific to your industry. The strict rules and regulations are commonly industry-specific and it’s necessary to have knowledge to be able to stay in compliance while collecting debts. If the agency you find has worked with other companies in your industry, you can have more confidence that they will be up-to-date with your state and industry requirements.
Finally, it’s necessary that the debt collection agency you choose uses tactics that you are comfortable with. The goal is for them to help you foster and build positive, long-term client relationships and help them put together a plan that allows them to make consistent payments until they’ve paid their debt in full. One of the most important aspects of debt collection is compassion for the payer.
Some of the industries we serve include, but aren’t limited to:
- Commercial Collection Agency
- Small Business Collection Agency
- Healthcare Collection Agency
- Dental Collection Agency
- Fitness Center Collection Agency
- Government Municipalities Collection Agency
- Utilities Collection Agency
At FFCC, we serve businesses large and small in many industries including but not limited to:
- Auto loans
- Pest control
- Lawn care
- Wholesale food distributors
- Alarm companies
- HVAC companies
- Emergency restoration services
- Construction companies
- Roofing companies
- Private schools
- Property management companies
Debt Recovery in Denver, Colorado
Denver, nicknamed the “Mile High City” due to its elevation, is home to well over 40,000 businesses, was named #4 by Forbes on the “Best Places for Businesses and Careers” list and hosts the headquarters of 11 of the most well-known Fortune 500 companies. Famous sights such as the Red Rocks Amphitheater, the Monets housed at the Denver Art Museum, the home of ‘Unsinkable Molly Brown’ at Molly Brown House Museum, and the nearby Rocky Mountain ski resorts such as Vail Mountain bring visitors to Denver year-round.
If your business is in need of a reliable, professional agency to help you with your debt collection needs, contact FFCC today by calling us at (800) 486-5500 or fill out our online form.