Small Business Debt Collections

Atlas Financial Services: Your Trusted Solution for Small Business Collections

As a small business owner, managing outstanding debts and unpaid invoices can be a challenging and time-consuming task. At Atlas Financial Services, we understand the unique needs of small businesses, and we offer tailored collections solutions to help you recover outstanding debts efficiently and ethically. Our team of collections experts is well-versed in the laws, regulations, and statutes of limitations in Oregon and Washington states, ensuring that all collection efforts are conducted in full compliance with the law.

Our Expertise in Small Business Collections:

1. Specialized Focus on Small Businesses: We specialize in collections for small businesses, recognizing the specific challenges they face when recovering outstanding debts from customers or clients.

2. Customized Collections Approach: Each small business has its own unique circumstances and requirements. We work closely with you to design a customized collections strategy that aligns with your business goals and maximizes debt recovery.

3. Professional and Respectful Communication: Our collectors are trained to approach debtors with professionalism and respect, ensuring that your small business’s reputation remains positive throughout the collections process.

Laws, Regulations, and Statutes of Limitations Followed in Oregon and Washington:

1. Fair Debt Collection Practices Act (FDCPA): The FDCPA is a federal law that sets guidelines for debt collectors, protecting consumers from abusive, unfair, and deceptive debt collection practices. Atlas Financial Services strictly adheres to FDCPA regulations in all collections activities.

2. State-Specific Collection Laws: Oregon and Washington states have their own collection laws and regulations. In Oregon, the statute of limitations for most debts is six years, while in Washington, it ranges from three to six years, depending on the type of debt. We ensure that all collection efforts comply with these state-specific requirements.

Key Benefits of Choosing Atlas Financial Services for Small Business Collections:

• Increased Debt Recovery Rates: Our expertise in small business collections leads to improved debt recovery rates, enhancing your business’s financial stability.

• Time and Resource Savings: Outsourcing collections to Atlas Financial Services allows your small business to focus on core operations while leaving the challenging task of debt recovery to our experts.

• Professional Reputation: Our respectful and ethical approach to collections ensures that your small business maintains a positive reputation among customers and stakeholders.

• Legal Compliance: We strictly adhere to all relevant federal, state, and local collection laws, safeguarding your small business from potential legal disputes.

• Transparent Reporting: Stay informed about the progress and results of collections efforts through our detailed and transparent reporting.

Partner with Atlas Financial Services Today:

Choosing the right collections partner is essential for the success of your small business. Trust Atlas Financial Services to be your reliable and compliant partner for small business collections in Oregon and Washington. Our industry-specific expertise, customized strategies, and commitment to legal compliance make us the ideal choice for small businesses seeking effective debt recovery solutions.

Contact us today to discuss your small business collections needs, and let us help you navigate the complexities of collections with professionalism and efficiency. With Atlas Financial Services by your side, you can focus on growing your business with confidence while we handle the sensitive task of debt recovery with expertise and care.

Small Business Debt Recovery – Client Portal Features:

• Placement Form: If you are a client who plans to place a few monthly accounts, our client portal has an easy-to-use placement form to start collections immediately.
• Bulk Placement Excel/CSV: If you are a client that plans on placing several accounts per month or every other month, no problem! Our system also accepts excel docs and CSVs for bulk placement. If your accounting software has an easy export button, all you will need to do is match the datasets we provide, and you are on your way to placing thousands of accounts all at once.
• File Upload: After placing accounts with Atlas, we will need the backup; although we have some clients who prefer to mail accounts in with all the documentation, we now have software that allows you to upload all the documents too!
• Weekly/Monthly/Yearly Recovery Analytics: After being a client for a few months, you will see Recovery Analytics on your dashboard on our client portal. It will show everything we have recovered from year to date, weekly, monthly, and even daily.
• Export Custom Reporting: Our client portal gives clients tons of flexibility regarding custom reporting. You can customize the report on what you want to see and export it easily!
• Add Debtor Demographics: If you retain more information on a debtor after placing them with Atlas, you can easily add it to our debtor demographics section on the client portal.
• Phone Call / Letter Statuses: When you look deeper into accounts on our client portal, you can see when we have sent out letters and made phone calls to the debtor. Our client portal should give you peace of mind, knowing we are actively pursuing what is rightfully owed to you.
• EFT Remittance Checks: If you are a small business with a business account, we now have the option for “Electronic Fund Transfers,” instead of waiting for a check in the mail, you will be able to see it right in your bank account.