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BCI offers a fully licensed and bonded commercial collection
agency to handle our members recovery needs. Whether it is a small, medium or
large claim or non-sufficient funds check, BCI is committed to providing the
highest level of quality service at a low cost to our members.
RATES
Fee Schedule
Effective April 1, 2008
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$ AMOUNT OF
CLAIM PLACED |
FEE CHARGED * |
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$200.00 (minimum
claim amount) - $499.00 |
50% |
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$500.00 - $1,999.00 |
25% |
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$2,000.00 -
$4,999.00 |
20% |
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$5,000.00 and above |
18% |
*
Discounted rates are
available to high volume members; contact us for details.
Placing Your Claims: the choice is yours!
BCI members can place claims, view
claim statuses and communicate with their collector via
the web - just go to the member login and go to the
Collections Tab.
OR
Print out a Member Claims Placement form and mail/fax it to
BCI.
BENEFITS
- We work on
behalf of our members: we don't get paid unless you do!
-
Recommendations on how to improve your credit extension processes to avoid
future placements.
- Prompt
aggressive action on delinquent accounts providing you the freedom to focus
on extending credit to qualified applicants!
- Enhanced probability
of collection and thereby increased profitability for your company.
- Lower than market
recovery fees and rates for our members - compare us to other collection
agencies...you'll find our rates will save you money!
- Easy forwarding to a
nationwide network of attorneys
- State-of-the-art
automated collection systems with on-line 24/7 client access allowing for
prompt reporting and feedback on collections progress.
- And of course, no
collection – no fee!
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