The Nationwide A/R Management Professionals
If your company is looking for a collection agency to handle your debt collection, look no further than Peak Credit Services, LLC. Instead of trying to pursue your outstanding debt on your own, which may cause you to spend valuable time and resources, let our knowledgeable team handle all services associated with debt collection. With our efficient operation, we are able to offer our collection services at a low cost to your company, meaning you gain as much as possible from the liquidation of your debt.
Peak Credit Services, LLC can also review your outstanding receivables for a total buy out. Giving you the capital you need now, without having to wait for the recovery process.
Many large companies carry significant debt. Corporate borrowers traditionally carry a debt load of perhaps five times their earnings before income taxes. With the current state of affairs, banks are not loaning money to companies as they did in 2007 and 2008. Companies are now experiencing financial problems due to their increasing accounts receivable and the lost ability to borrow money in these tough times.
At the corporate office located in Largo, Florida, Peak Credit Services, LLC, a subsidiary of Peak Capital Corporation, provides a wide range of professional Accounts Receivable Management Services for Business to Business debt, Consumer and Medical debt (contingency collections), portfolio purchasing, financial investing, debt consolidation, debit cards and other financial services. If your company deals in the consumer market which lack bank accounts or debit cards, we can offer you consumers pre-paid debt cards. No more waiting for the customer to call back after running around looking for the pre-paid card. You can issue this card, and at the same time, have the debit card information for debiting.
Peak Credit Services, LLC is a multi-faceted Accounts Receivable Management Company providing professional services for the credit collection, and all around debt-settling industry.
Over the past 30 years we have developed a professional, highly systematic, fully computerized and personalized process for the collection industry.
Our success has been built around our realization and understanding that to be effective, our collection professionals must first and foremost be “sales people” however, more importantly, they must listen to the debtor as well as simply understanding their financial situation. This allows us to offer several options and allow them to make a choice they can live with, thus, the ability to sustain payments and clear the balance. Peak Credit Services only hires highly qualified, experienced debt collectors, who undergo extreme credit management, negotiation skills and account retention training. We also mandate an extensive criminal background check(s), rigorous collection courses and training as well as unexpected inspections and examinations. It is simple; our collection professionals are among the most elite in the nation.
Peak Credit Services understands the “need to know” what is going on with your accounts. With each placement you will receive a client acknowledgment, to ensure that all information has been transferred accurately. We offer monthly status reports and closed reports. Generally, we issue the payment report on the 10th of the month on large accounts or if you would like we can offer bi-monthly remittance. Additionally, clients can access our system to have a real time look at their accounts.
With information regarding your situation we will customize our approach to each A/R Engagement: planning, organizing, directing, controlling and monitoring all accounts in order to precisely achieve our objectives in a timely manner and as a least cost to you our client.
Having the experience and success that we have:
A. We are able to take on projects of virtually any size, without the delays often associated with planning, staffing or management, we have all the key essentials, and we are always prepared for whatever a new client requires.
B. We are skilled at processing multi-million dollar accounts receivable.
C. We can take projects from the beginning to the end, handling not only the collections, but dispute resolutions, and more difficult accounts litigation. We are networked with hundreds of credit and collection specialist attorneys, and can place any account within 25 miles of the debtor’s residence.
Features & Benefits for our Lender Portfolio Services
We expedite account closure. Doing this work since 1979, we have been successful in heading off all the imaginable avoidances in the business.
We utilize many custom programs to get the job done making us one of, if not the, most comprehensive portfolio liquidation collection services in the industry.
We are fully bonded and certified.
We convert non-performing working capital into cash flow.
Our efforts are aimed at achieving maximum cash flow for our clients, and targeting the most funds to be recovered while working out what works best for the Debtor (either post-dated payments, or a Paid-In-Full Payment.) Either way funds are recovered to the fullest extent.
We are prepared to accept any project based on type of receivable, skip trace and report delinquencies to the three major credit reporting companies.
Our auditor consultants have all held senior levels of financial management positions with major organizations throughout the United States as well as around the world with our parent company.
With Peak Credit Services, you will have access to our President, Stephen A. Cerrone, with over 30 years experience in all facets of Accounts Receivable. Stephen holds a Bachelors Degree in Business Administration, with a Minor in Marketing, with several certificates for continuing education in Negotiation Skills, Successful Collection Techniques and the Power of Litigation. Mr. Cerrone has held several seminars in the “Art of Collections”, “Overcoming Objections”, and “Negotiation”. His background is extensive in Medical, Commercial, Credit Litigation and Consumer. With his solid connections with debt brokerage firms, he knows which firms are best to deal with. Unlike most debt purchasing agencies, Mr. Cerrone does not simply accept the “Chain of Title”, he investigates to be certain that the portfolio’s have clear title.
Mr. David Dube was President and Chief Operating Officer of Kings Road Entertainment, Inc., a publicly-traded entertainment and educational products company, and was previously Senior Vice President and Chief Financial Officer of FAB Capital Corporation, a merchant banking and securities investment firm serving in various additional capacities. Dave holds a Bachelor’s Degree in Business Administration and a Master’s Degree in Taxation from Suffolk University and a Master’s Degree in Accounting from Bentley College. Dave is a Certified Public Accountant (CPA) in the states of Florida and New Hampshire and holds general and principal securities, investment advisory and insurance licenses. Dave is also the author of “Analyzing Financial Statements: A Case Study”, “Accounting and Tax Issues for Long-Term Assets”, plus various other books, all of which are seminar training manuals for certified public accountants and other licensed professionals, published by Thomson Reuters Corporation. Dave is presently authoring a new training manual on "Mechanics of How the Stock Market Really Works". Currently Mr. Dube is under contract teaching continuing education overseas.
Peak Credit Services, LLC has recognized that many people do not have bank accounts for what ever reason. We can now offer these people a pre-paid Visa or MasterCard debt card. This debit card is to ensure that your debts are paid via secured means. The debtor can use this card wherever Visa or MasterCard is accepted.
We control the set up process and arrange for the debt to be paid automatically from the card. NO OTHER COLLECTION SERVICES CAN OFFER THIS.
In summary, Peak Credit Services, LLC has the experience, financial strength, technology, staff and management systems required to effectively liquidate any size or type of A/R (account receivable) portfolio, plus the commitment to devote whatever resources it takes to sustain successful long-term relationships with our clients. Along with our directors, managers and collectors who have spent their entire careers in the account receivable industry, we have a long track record of direct, hands-on involvement in the day to day operations.
We invite you to learn more about the financial services and business opportunities that Peak Credit Services has to offer.We are an effective, reliable, hard-working company that will work to earn your trust. With cost efficient solutions that will add to your bottom line. Here at Peak Credit Services, it is with great pride and honor to be able to assist your company.