Pre Collection Services

Pre Collection Services

Security Financial Solutions, LLC’ pre-collection services help you effectively manage delinquent accounts in order to retain customers and reduce charge-offs. Our pre-collection services improve cash flow and reduce enterprise-wide costs through rapid deployment of personnel resources, complemented by the facilities in which to house them, the technology to support them and professional expertise to deliver the required pre-collection results.

We customize virtually every aspect of our pre-collection solutions to ensure that we apply your policies to our pre-collection efforts to recover delinquent dollars, all the while maintaining positive customer relations.

Billing

Sending out bills on time and written properly, will reduce the number of delinquencies.

If you need to send out a large amount of bills each month, but do not want to hire staff, invest in software and technology, Security Financial Solutions, LLC’ billing service is the solution. We are a full-service billing provider, capable of processing any type of statement. Whether it is self-pay, insurance claims, secondary insurance billing, or just monthly statements, SFS will get the job done on time and on budget.

  • Professional Nationwide Consumer and Commercial Collection
  • Lowest Rates in the Industry with the Highest Recovery
  • Bonded, Licensed and Insured
  • Online 24/7/365 Client Access & Client Support

We use the latest software available to print, process and distribute your statements in a professional, easy to read manner. Simple payment instructions are included to improve cash flow. Our billing services are 100% transparent.

We can completely customize a billing service to meet your needs. We will design a program that is just right for your company. Medical, retail, educational, commercial…whatever your needs are, SFS can meet them.

Early Out

Our early-out program is designed to eliminate the need for an extensive collections effort. By placing accounts in our early-out program, you are sending a message to you customers, that their account has been placed with SFS, a collection agency, and that they are responsible for the outstanding balance. Our letter demands that payment in full is due immediately.

Knowing their account is in the hands of a collection agency prompts action as well. Remittance is sent directly to you. Having the option of not communicating with a collection agency spurs the debtor to resolve the issue quickly. If necessary, they also can call one of our experienced, trained agents who can assist them in taking the appropriate action necessary for proper resolution of the debt.

The early-out program can be customized to suit your company’s specific needs. The program works best for accounts that are 30 to 60 days past due.

Audit Programs

Step 1: Collection Letter. Debtor is sent one letter from SFS stating their account is past due and needs to be rectified immediately. The letter clearly states that SFS is a collection agency and payment can be made directly to us. Letter is printed on SFS letterhead. Letter is designed to reduce the need for further collections action.

Step 2: Multiple Letters. Debtors are notified their account has been placed with a collection agency and is due immediately. Subsequent letters create more of a sense of urgency. Clients only pay for the letters. No contingency fee.

Step 3: Multiple Letters with phone calls. All collection letters are followed up with a phone call. Phone calls placed after receiving letters increase the need to reconcile the account. No contingency fees. Three letters/calls maximum.

Step 4: Attorney Letters. SFS will send a letter from one of our attorneys stating that legal action may be taken unless the debt is repaid. During this pre-litigation step, our attorneys will make a recommendation whether or not to take legal action.

Call us today for more information on pre-collection, and how it can work for you.