Crown Asset Management outsources 100% of all
collections efforts to agencies and law firms. Crown does not actively collect
on any account.
Many factors can affect the success of a collection agency. Age of the debt,
type of debt, credit grantor, geographical region, and average balance are just
a few. Crown monitors all of these factors as well as many others to develop an
account placement strategy that takes full advantage of the strengths of each
particular agency in our network. Our agencies see higher liquidation numbers
and we see a stronger return. It is the true definition of a win-win situation.
All collection agencies and law firms are subject to a strict due diligence
audit prior to entering in a service agreement with Crown Asset Management. Certain
security measures, accounting methods, and IT infrastructure are examined in conjunction
with the standard verification of licensing, training, and insurance coverage.
We also spend time listening to collectors in action, getting an idea of how each
agency approaches accounts.
If your agency or law firm is interested in a servicing relationship with Crown
Asset Management, please contact Rodney Fortune
or Susan Shuplock for further
information. |