Waste Disposal Collections

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                                                   Don't Waste Disposal Collections

What a waste! Yeah, you've heard them all. All the puns on your business. To you in the business they were probably funny a thousand times ago. What isn't funny is servicing your customer for a period of time and not being paid.
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You've got an incredible overhead in your business. The state, the feds, tipping fees, rolling stock, insurance, taxes, workers, even postage stamps.


BCA Financial Services collection agency has experience in the waste, environmental, garbage or disposal business and whatever else it may be called. We can help recover those unpaid roll-offs and any other account that is delinquent.
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Bad debt is a hazard of doing business. All business has some risk and there's always going to be some losses, you understand that. But BCA can help you minimize this risk by recovering at least some of this loss and turning the money back into your business to work for you. Maybe truck No. 261 needs a few thousand dollars worth of tires. We can help.
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Don't let those dollars sit on your books. "Time" is everything in the collection game. Oh, wait a minute, "information" is also everything in the collection business as well. I guess these two things are co-everythings.
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Regarding the "Time" Factor: Bear in mind, however, that time is every debtor’s ally. The longer a debtor is allowed to ignore a debt, the more factors against successful collection pile up; such as business downturn, marital status, health or income problems, changes of address (usually leaving no forwarding address) and, of course, the mental attitude that comes from having gotten way with it for so long.
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Regarding the "Information" factor: Get as much information as possible on new customers on the chance that there is the possibility of default.
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Why BCA Financial Services? Because we've got more than 25 of our 40 years in business serving waste disposal companies. Secaucus, Newark, Hackensack, Hawthorne, Jersey City, Lafayette and Clifton are some of the towns our clients have called home.
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We don't care what you're picking up either, be it construction debris, medical waste or air conditioners. And we don't care who your debtors are, be they lawyers with shredded paper or restaurants with shrimp shells. You've got to be paid for your service.
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So don't waste time. Waste a call or fax or e-mail or website view to BCA Financial Services.
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We're at your disposal.
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Sanitation Collections

 


 

Unpaid accounts are a constant burden on waste disposal companies and a major headache for managers and owners. 

 

  The disposal customer who expects a free ride by ignoring his financial obligation to the supplier is, for all practical purposes, passing his debt on to you and your customers. This is the net effect, for the unpaid bill must be absorbed and paid by the (increased) fees on the paying customers.

  If allowed to go unchecked, this problem will result in a severe financial crunch. 

  Paying customers demand and deserve nothing less than equitable sharing of the burden. 

  In my personal experience as a professional collection agent, I was asked to attend an open board meeting a few years ago and the opening remark from a member in attendance was “What are you doing about the debtors who aren’t paying?”

  The answer, of course, should be “...prompt and continuing attention to the slow payers and professional help on the seriously delinquent who are not coming forward with an effort to pay.”

  Such professional help may be 1) a professional collection agency, experienced in this area of collection or 2) an attorney. Bear in mind that an attorney’s actions (especially, if not specializing in this field), may be confined to writing a letter and suing for judgment. Also, consider that an attorney’s overhead, being greater than that of a collection agency, necessitates fees and advanced costs greater than that of a collection agency.

  While admitting to prejudice in this regard, I believe a collection agent on the other hand will familiarize himself and his staff with an understanding of the waste disposal business and can rationally and patiently refute most of the standard excuses offered by delinquent debtors. An agency can also, if networked with the American Collectors Association, pursue and even refer for suit, any debtor anywhere in the country.  And, most important, an agency will work on a contingent fee basis (no collection-no fee).

  Bear in mind, however, that time is every debtor’s ally. The longer a debtor is allowed to ignore a debt, the more factors against successful collection pile up; such as business cycles, marital status, health or income problems, changes of address (usually leaving no forwarding address) and, of course, the mental attitude that comes from having gotten way with it for so long.

  The delinquent debtor who is brought current promptly, will probably remain as a paying debtor  versus the long delinquent debtor  whose obligation has piled up beyond his willingness or ability to pay and who thus becomes a drop out who completely defaults and has to be sued.

John Debold

BCA Financial Services.com