How can we do that?
You tell us what your current agency is netting back to you. This is the collection percentage we’ll need to exceed. Send us a year’s worth of statistical recoveries and we’ll determine your net return percentage. The percentage that your agency, on average, ultimately returns to you.
Provide us with a group of accounts to review. Once assessed, we’ll send you a no obligation quote to confirm the percentage we would pay you, up front, on your accounts moving forward.
You get paid.
Simply turn your accounts over to us, using the same internal parameters you have in place today, and we'll pay you within 5 days.
We’ll exceed that benchmark – that’s how we make money. But it’s all up to us – we take the risk.
You get more the next time.
After a few placements, we’ll benchmark based on our recoveries and if we are collecting more, we’ll pay you more moving forward.
Customers talk about Fast Track
Fast Track FAQs
We calculate the price we pay using the current fee you are paying into the net back. We take the total collected, less the fee you paid, to come up with the % we pay. For example, let’s say your current agency is collecting 20%, and after their fee is deducted you net 17%. We’ll pay you the 17% upfront.
In those 5 days we determine which accounts have been dissolved by the Secretary of State or had a bankruptcy filing. We then return those items to you and remove them from your placement since we are not able to pursue them.
You are in control. If you send an account in error, or realize after placement that there is a credit due, then you simply ask us to close the file or reduce the balance that we are collecting on. All we ask in return is that we are reimbursed the amount we paid for the account, or portion that was credited.
You can either log into our system anytime to check an account status or email us for a listing of files paid, at any interval you need.
Our industry leading performance can be attributed to several factors, some of the main ones are: a passion for what we do and a commitment to constant improvement, the huge level of training our team undertake, our purpose-built data analysis reporting systems and decades of expertise.
Let’s talk about Fast Track
Tell us a little about your collections need and we’ll be in touch within 24 hours to discuss what Fast Track can do for you.