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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 for further information.
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