While other types of receivables bring a better than average return, such as bank card, leasing, student loans, some specialized surgical, medical, dental and of course commercial. The difference between collecting commercial and consumer paper, as far as rate of recovery is concerned, spans opposite ends of the spectrum.
Commercial accounts are easy to collect.
Consumer accounts are more difficult in many ways. There are many factors that inflate or deflate this figure. Some of them deal with the aging of the receivables, debtor demographics, correctly timing account placements and even the approach taken by the creditor to collect the debts. Like I said, there is a big difference between the two, due mainly to the fact that usually consumer based merchants hold on to accounts too long, whereas commercial concerns do not. Our rate of recovery for both consumer and commercial accounts is significantly above the national average, however, we can not promise the same results for your placements.