Tag: merchant cash advance collections

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Collection Tips Merchant Cash Advance Collection

5 Tips for Better MCA Collections

 


5 Tips for Better Merchant Cash Advance CollectionsDrawing on our extensive ten years of experience in merchant cash advance (“MCA”) collections, the Monetaria Group team has gained valuable insights into the critical nature of fund recovery for our clients. We fully comprehend the unique obstacles and challenges posed by the MCA sector when it comes to collections, and have discovered that by implementing effective systems and strategies, outstanding payments can be successfully recovered without causing undue pain or unnecessary delays.

Here are five key strategies for better MCA collections that we have implemented with our clients, that can help you too:

Know the Industry of the Business You Are Being Asked to Advance

In the realm of merchant cash advance (MCA), small businesses often rely on short-term funding to seize opportunities during critical periods. The success of MCA funders hinges on the businesses’ ability to leverage these opportunities, turning their situation around and making the funders whole seamlessly.

To maximize the chances of recovering funds, it is crucial for funders to possess a deep understanding of the industry and the businesses they engage with. This knowledge will enable them to assess the profitability of the businesses they are advancing funds to and anticipate any fluctuations in the businesses’ ability to deliver receivables as promised. By staying informed and knowledgeable, funders can make smarter decisions and increase the likelihood of a profitable and successful investment.

Build Strong Relationships and Communicate Frequently

In the world of merchant cash advance, cultivating strong relationships is paramount for both funders and their clients. Building trust and fostering open communication with clients lays the foundation for a deeper understanding of their unique needs and challenges. Establishing positive customer relationships only enhances the day-to-day relationship, but also ensures a smoother  negotiation if they are in a rough patch and need you to work with them in the event their receivables diminish.

Proactively offer solutions.

Rather than adopting a passive approach and waiting for merchants to default, it is highly advisable to proactively reach out to them. Initiating regular check-ins demonstrates a proactive attitude and a genuine willingness to work with them. This approach opens the door for discussions on reconciliation and other potential solutions, enabling any issues to be addressed promptly before they escalate into significant problems. By taking proactive measures, you can foster better communication, mitigate potential risks, and maintain a healthier working relationship with the merchants you’ve invested in.

Embrace cutting-edge technology.

The merchant cash advance industry has witnessed a remarkable surge in the development of CRMs and software solutions tailored to support MCA funders. By leveraging these advanced technologies, you can significantly enhance the efficiency and effectiveness of your operations, ensuring that you collect all outstanding amounts owed to your company. Seek out services that offer key features such as customizable reports, client breakdowns, automated payment reminders, online portals for customer payments, and robust data analytics. These tools are readily available and ready to proactively empower your MCA collections.

Establish a contingency plan.

Despite your best efforts, there may still be instances where you have to deal with a merchant cash advance default. To safeguard your business from potential negative impacts, it is essential to establish a comprehensive contingency plan that diversifies your risk and avoids placing all your eggs in one basket. This plan should encompass thorough underwriting of merchant businesses and being prepared to explore alternative options for debt recovery. Such options may include selling the debt, offering the merchant reconciliations if applicable, engaging a reputable third-party debt recovery agency to help you with your MCA recovery, or resorting to legal action when necessary.

 

By implementing these crucial measures, you can effectively prepare yourself for a successful MCA collections experience while minimizing the stress and challenges it may otherwise present.

 

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on collections, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced commercial debt collection attorneys, Monetaria Group has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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B2B Collections Collection Tips Merchant Cash Advance Collection Uncategorized

What Is A Debt Recovery Attorney?

Debt collection is an important aspect of business and financial management. Companies rely on timely payments from their clients to maintain their cash flow and financial stability, and when clients fail to pay their invoices, it can lead to a lot of problems, especially for small businesses. This is where debt collection attorneys come in.

Related: What is Commercial Debt Recovery and Collections?

What is a debt collection attorney?

A debt collection lawyer is a legal professional who specializes in helping businesses recover unpaid debts from nonpaying clients. These attorneys are skilled in developing strategies to recover debts and can explore their legal options if necessary. Their work may involve creating plans to collect payments, completing and filing legal paperwork, drafting demand letters, and representing creditors in court. 

When should I hire a debt recovery attorney?

There are several situations in which businesses may need to hire a debt collection attorney. For example, if a debt has been outstanding for a long time and legal action is required to recover it, a debt collection attorney can be a valuable resource. These attorneys are experts in the relevant laws and can help clients navigate the legal system to achieve a favorable outcome.

Demand letters are another effective tool for recovering debts without having to go to court. These letters inform the debtor of the outstanding debt and the legal action that may be taken if the debt is not paid. Debt collection attorneys can help businesses draft effective demand letters that comply with legal requirements and increase the likelihood of payment.

Another situation in which businesses may need to hire a debt collection attorney is when the debtor is a large company. Larger companies typically have more resources to fight against attempts to compel them to pay their debts. Debt collection attorneys who specialize in corporate debt collection can be valuable allies in these situations.

How to hire a debt collection attorney?

When hiring a debt collection lawyer, businesses should consider several factors. These include the attorney’s fees, their skills and experience in debt collection, their communication style, and whether they work independently or within a firm. References from past clients can also be helpful in assessing an attorney’s qualifications.

In some cases, businesses may opt to hire a collection agency instead of a debt collection attorney. Collection agencies specialize in recovering debts and can often do so more quickly and cost-effectively than attorneys. However, collection agencies cannot provide legal advice or represent clients in court. Businesses should consider the urgency of the situation, the likelihood of client payment, and how invested they are in taking legal action before deciding whether to hire a debt collection attorney or a collection agency. 

There are several third-party collection agencies with commercial debt collection attorneys on staff (like Monetaria!) to assist clients with all potential options at the outset of the project and is the best way to ensure you collect what is owed to you.What is a debt collection attorney?

Related: Commercial Debt Collection for Beginners

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on collections, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced commercial debt collection attorneys, Monetaria Group has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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B2B Collections Collection Tips

Understanding Commercial Debt Collection

What is commercial debt collection? Here, the Monetaria Group team explains the process of business-to-business debt collection and recovery.

 

What is Commercial Debt?

Commercial debt collection refers to the process of business-to-business debt collection, recovering debts owed by one business to another, such as unpaid invoices or missed repayments. Recovering commercial debt can be a complex process that involves identifyingthe parties involved, determining the terms of the debt, and using legal or other means to collect payment.

There are a few ways for businesses to handle their commercial debt collection. One way is to handle the process in-house, using internal staff or the billing department to handle the invoicing and collections efforts. This team can focus on communicating with debtors and is a good option for small businesses with a limited number of outstanding debts. However, larger businesses may find that they lack the resources to devote to debt collection, or that they simply lack the expertise necessary to collect debts efficiently.

In such cases, businesses may choose to hire a third-party debt collection agency. These companies specialize in recovering unpaid invoices and receivables, and can often do so more efficiently and effectively than businesses can on their own, and free up the business owners’ time to chase new business instead of over-investing in delinquent clients. Debt recovery and collection agencies use a variety of tactics, such as negotiating payment plans and exploring legal options to try to collect the debt.

Commercial debt recovery may involve legal action, such as filing a lawsuit, obtaining a judgment, and garnishing wages or seizing assets to recover the debt. Legal action should be a last resort, as it can be costly and time-consuming, but may be necessary if other efforts have failed.

It is important for businesses to have a clear and effective process in place for recovering unpaid debts. This can help ensure that the company maintains cash flow and avoids financial hardship, and helps protect the company’s relationships with its own customers or suppliers.

Regulation of Commercial Debt Collection

Commercial collection services are regulated by a number of federal and state laws. These laws outline the rights and responsibilities of both the creditor (the business trying to collect the debt) and the debtor (the business that owes the debt).

At the federal level, the Fair Debt Collection Practices Act (FDCPA) sets out rules for how consumer debt collectors can interact with debtors. While the FDCPA applies to personal, family, and household debts, and not to debts incurred by businesses,  many states have their own debt collection laws that apply to commercial debts, and these laws may provide additional protections for debtors.

In addition to these laws, there are also industry-specific regulations that may apply to commercial debt recovery and collection. For example, the healthcare industry is subject to the Health Insurance Portability and Accountability Act (HIPAA), which has provisions related to the collection of medical debts.

Collection agencies must be licensed and bonded before performing collections in most states, so it is critical to ensure that a third-party agency is qualified and credentialed for commercial debt collections before hiring them. The Monetaria Group is led by a team of debt collection attorneys who ensure that all debts and cases are being handled legally and competently, with no chance of trouble down the road.

Is Commercial Debt Collection the Right Choice for My Business?

When deciding whether to hire a commercial debt collection agency, businesses should consider factors such as the number of outstanding debts, the resources available for debt collection, and the expertise necessary to collect business debts efficiently. A larger number of outstanding debts or a lack of resources or expertise may make it more efficient to use a third-party agency.

However, businesses should be aware that using a collection agency may be expensive, and it’s important to carefully consider the costs and benefits before deciding whether to use one.

Commercial debt collection is a critical aspect of managing a business’s financial health. By having a clear process in place and working with experienced professionals, businesses can effectively recover unpaid debts and maintain a healthy bottom line.

 

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on collections, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced commercial debt collection attorneys, Monetaria has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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Merchant Cash Advance Collection

How to Maximize Your Merchant Cash Advance Collections

Merchant cash advance funder work together to maximize their cash advance collections.

Obtaining a merchant cash advance can be a valuable financial tool–and even a lifeline–for businesses in distress or looking to take the next step in their development, but the process of collecting payments on them can be challenging for merchant cash advance funders. 

Delinquent payments can hurt funders’ cash flow and hinder their ability to invest in new projects and their own business. Fortunately, there are strategies to maximize cash advance collections and ensure your business stays financially healthy.

Here are some tips on how to maximize your cash advance collections:

  • Set Clear Expectations 

One of the most important things you can do to maximize your merchant cash advance collections is to set clear expectations from the merchants from the outset and do it in writing. Be sure to communicate the terms of the agreement both before and after the merchant signs the contract,  the number of receivables the merchant will be required to deliver to you, the specified daily or weekly amount the merchant will be required to pay and make sure they understand the consequences of not performing under the terms of the contract. Having clear and direct conversations from the outset of the funding process can help prevent misunderstandings and disputes down the line.

  • Follow Up Early and Often

Most merchant cash advance payments are collected through automatic ACHs, and if a payment doesn’t go through, it’s important to start communicating and following up with the merchant about the reasons for the missed payment. This shows that you are serious about your merchant cash advance collections processes, and helps prevent the merchant from forgetting or procrastinating on making the appropriate arrangements.

Related: How MCA Companies Can Collect Defaulted Advances

  • Offer Payment Plans

Sometimes, the merchant may not be able to pay the full amount as per the terms of the original agreement. In these cases, it can be beneficial to offer a reconciliation, which is essentially a review of the merchant’s finances to see if the merchant’s receivables have decreased, allowing them to pay the receivables to the funder over a smaller period of time. There are typically clauses in the funding agreement that specifically ensure the merchant will be given more time to pay back the advance if their receivables go down, but if the merchant forgets to exercise their right to reconcile and are going through temporary financial hardship, your willingness to work with the merchant and can help maintain a positive relationship and ensure you get your money, albeit on a slightly extended timeline.

  • Hire a Debt Recovery and Collection Agency

If a merchant defaults even after you try to work with them, it may be time to employ the services of experienced debt collection experts. These agencies specialize in debt recovery and can help you collect unpaid debts, and have experience in negotiating with merchants and using their legal resources to enforce payment. While using a collection agency does involve a fee, it can be a good investment if the debt is substantial.

Related: How To Hire A Debt Collection Agency

  • Consider Legal Action

In some cases, legal action may be necessary to collect a debt. If a merchant defaults and ignores your attempts to collect, it may be time to consider legal action. This can involve hiring a lawyer to file a lawsuit against them and eventually obtaining a judgment to enforce the debt. While this can be a more expensive and time-consuming option, it can be necessary to collect a significant debt. Consider working with a collection agency that has experienced debt recovery attorneys on staff to ensure you have all your merchant cash advance collections options available to you from the outset.

 

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on collections, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced commercial debt collection attorneys, Monetaria has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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Collection Tips

How To Hire A Debt Collection Agency

Monetaria Group explains how to choose the right debt recovery agency for you.

 

If you’re a business owner or manager, it’s likely you’ve had to face the reality of trying to recover payments from delinquent customers and clients who don’t pay their bills. While the occasional late payment- while irritating- is to be expected, if it becomes a regular occurrence, missed payments can be exceptionally harmful to the long-term health of your business, and it may be time to consider hiring a debt collection agency.  

A debt collection agency can provide valuable services in helping a business retrieve the money it’s owed, but it’s important to do your research. In a saturated industry filled with murky ethics and gray lines, it can be hard to choose the right debt recovery agency for your needs that also reflects your values.

Here are 5 tips explaining how to hire a debt collection agency:

When you’ve found a debt collection agency that interests you, perhaps referred by a friend or you found one online, it’s important to do your research.

Step 1: Make sure the agency is compliant with federal and state laws

It is absolutely imperative that any debt collection agency you work with understands and is compliant with all relevant federal and state laws related to debt recovery. Working with an agency that has experienced debt collection lawyers on staff (like Monetaria!) is a great way to reassure yourself that everything will be legally compliant and above board. Be sure to also confirm that the debt collection agency you hire is properly licensed as a debt collection agency. 

Step 2: Consider the agency’s fee structure

When hiring a debt collection agency, it’s important to consider their fee structure and whether that works for you. Many agencies use a percentage-based fee structure, which means that the amount you’ll pay the agency is based on the amount of money they recover from your delinquent customers. It’s important to ask questions about the fee structure and make sure it’s something you can afford.

Step 3: Get references

Before making your final decision, it’s important to get references from other businesses that have used the agency. Ask for references from businesses that are in a similar industry and have similar needs to yours. This will help you make sure the agency is reputable and will be able to get results.

Step 4: Ask questions

It’s important to ask the agency a lot of questions before hiring them. Ask about the strategies they use to collect a debt, how long they’ve been in business, and their success rate. It’s also important to ask about their customer service policies and any complaints filed against them.

Step 5: Read the contract carefully

Before signing a contract with a debt collection agency, it’s important to read it carefully and make sure you understand all the terms and conditions. Make sure you’re comfortable with the payment structure, the timeline, and any other stipulations in the contract.

Following these steps will help ensure you hire the right debt collection agency for your business needs.

 

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on bookkeeping, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced debt collection attorneys, Monetaria has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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Merchant Cash Advance Collection

How MCA Companies Can Collect Defaulted Advances

Monetaria Group explains what happens when you default on a merchant cash advance.

As a leading merchant cash advance collections agency, Monetaria’s mission is to help our clients recover what is owed to them. Serving many businesses in the merchant cash advance, we are uniquely positioned to understand the challenges of funding businesses that may look to default on their obligations and attempt to block our clients from collecting their payments in an efficient and effective manner. 

In this article, we’ll share our insights on the process of collecting defaulted merchant cash advances.

What Happens When a Merchant Cash Advance Goes into Default?

Defaulting on a merchant cash advance generally means that the business that was funded is generating sufficient revenue to satisfy the terms of the merchant agreement with the funder but chooses to obfuscate its contractual duties to continue delivering as per the terms of the agreement. Another way a merchant can default is by not communicating with the funder that their revenue has decreased and that they need to reconcile their payments commensurate with their current revenue stream. 

 Completely defaulting on an advance is typically a last resort. Other- more productive- ways of managing a payment plan a merchant can’t keep up with is communicating their difficulties with their funder and restructuring the payment plan along terms more commensurate with the revenue they are presently generating, or in more dire circumstances, renegotiating the amount owed in more dire scenarios.

When the business advanced starts blocking or bouncing payments, and stops communicating with the funder about their declining revenues and intentions, this is usually considered a default according to the terms of most merchant agreements. In other words, the obligation is on the merchant to notify the funder that their revenue has declined.  

When the merchant defaults, the funder may be moved to pursue methods to collect what is outstanding, such as hiring a third-party collection agency with experienced merchant cash advance collectors or onboarding a debt collection attorney to collect what they’re owed through the courts. In some cases (like Monetaria), a number of collection agencies have experienced commercial debt collection attorneys on staff, to easily pursue legal remedies if it becomes necessary.

How to Collect A Defaulted Merchant Cash Advance?

At our collections agency, we understand that businesses defaulting on an MCA you advanced can put your funding business in a difficult position. That’s why we recommend reaching out to experienced debt recovery and collection agencies capable of exploring all available angles if you find yourself needing to recover funds.

At Monetaria, our team of experienced commercial debt recovery experts and attorneys work tirelessly to help MCA companies collect on defaulted advances. Our collection process is designed to be efficient and effective, using a combination of legal, financial, and technical strategies to ensure that debts are collected and businesses are able to continue operating.

We believe in a fair and transparent approach to collections and always work closely with our clients to ensure that they understand the process and are comfortable with the steps we are taking to collect their debts. Whether through negotiation, settlement, or legal action, we strive to achieve the best possible outcome for our clients.

 

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on bookkeeping, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced debt collection attorneys, Monetaria has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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Collection Tips

How Does Merchant Cash Advance Collections Work?

Monetaria Group debt collections lawyers discuss what is merchant cash advance collections and how it works.

 

Many small businesses often turn to merchant cash advances (MCAs) when they need extra cash to supplement their cash flow, invest more capital in their business, or whenever they are in a pinch. The process of obtaining an advance is often quick, sometimes taking only one or two days, which can be attractive to a struggling business. However, MCAs can be expensive, which can make it easy for merchants to fall into a cycle of debt or miss payments. So,

what is merchant cash advance collections and how does it work?

When a merchant cash advance business needs assistance collecting payments on outstanding balances, they often turn to a third-party collection agency- like Monetaria- to help them with their debt recovery. These agencies typically have extensive experience in recovering outstanding receivables and use a variety of tactics to get deliver for our clients. This may include negotiations, developing payment plans, and even legal action. They handle the case, utilizing their expertise and knowledge, which allows their clients to focus on growing their businesses instead of worrying about how to get paid. 

A third-party collections agency might also attempt to seize a merchant’s assets, and levy their business bank accounts. On behalf of the funder, they may work to freeze their personal and business banking accounts, contact a business’s vendors or brokers and merchant processors to convince them to pay the collection agency directly since the business has defaulted on their loans, and if the merchant is using a payroll company, the MCA funder may also attempt to interfere in that arrangement.  

It is incumbent on a business to understand what they are agreeing to when applying for a merchant cash advance and have a payment plan in place. Because they may be a riskier financing proposition, many MCA companies protect their capital by including personal guarantees and liens on receivables in the contract, in case they need to put the account into collections to recover funds.

Commercial collection services are regulated by a number of federal and state laws. These laws outline the rights and responsibilities of both the creditor (the business trying to collect the debt) and the debtor (the business that owes the debt).

At the federal level, the Fair Debt Collection Practices Act (FDCPA) sets out rules for how consumer debt collectors can interact with debtors. While the FDCPA applies to personal, family, and household debts, and not to debts incurred by businesses,  many states have their own debt collection laws that apply to commercial debts, and these laws may provide additional protections for debtors. In addition to these laws, there are also industry-specific regulations that may apply to commercial debt recovery and collection. For example, the healthcare industry is subject to the Health Insurance Portability and Accountability Act (HIPAA), which has provisions related to the collection of medical debts.

Commercial debt collection agencies can employ certain collection methods that are banned under consumer collection regulations for non-commercial entities.  These agencies need to be licensed and bonded before performing collections in most states, so when looking at hiring a third-party collection agency, it’s critical to ensure they are qualified and credentialed. 

Monetaria Group is led by a team of debt collection attorneys, which lets clients know all their debts and cases are being handled legally and competently, with no chance of trouble down the road. Monetaria is the number one solution for businesses looking to recover debts in the merchant cash advance and commercial debt space. With our innovative approach, experienced team, and commitment to customer service, we have established ourselves as the go-to choice for businesses looking to get the money they are owed. If you are a business owner struggling to recover money, don’t hesitate to reach out to Monetaria for assistance: we have the expertise and resources to deliver the results you need.

 

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on bookkeeping, to ensure your business gets paid.

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced debt collection attorneys, Monetaria has helped hundreds of businesses recover and collect their outstanding debts and payments. Schedule a FREE consultation with our expert team to see how we can help you recover your money today!

 

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What is Monetaria?

What is Monetaria?

The debt recovery lawyers at the Monetaria Group specialize in merchant cash advance and commercial debt collections and recovery.

 

What is Monetaria?

Monetaria is a debt recovery and collections agency that specializes in merchant cash advance collections and commercial debt recovery and has quickly established itself as the number one solution for merchant cash advance funders and other businesses looking for a debt collection partner.

With over 10 years of experience and led by a team of renowned commercial debt collection attorneys, Monetaria has risen to the top of the industry thanks to its innovative approach to debt recovery. We understand that each case and circumstance is unique and requires a personalized approach in order to be effectively recovered, which is why we offer a range of services designed to meet the needs of businesses of all sizes.

There are two primary collections services Monetaria is perhaps most known for:

The first is our merchant cash advance collections program. This program is designed specifically for merchant cash advance businesses that have outstanding payments on advances, delinquent clients or multiple defaults. When MCA companies are ready to recover the debt and partner with a third-party collections agency, Monetaria is there to help.

Commercial collections– or business-to-business debt collection- is another important debt recovery service Monetaria offers. This program is designed for businesses looking to recover debts from other businesses who are neglecting payments and invoices and has seen hundreds of major companies recoup payment for their services rendered or products sold.

The team at Monetaria has extensive experience in recovering outstanding receivables, and we use a variety of tactics to deliver for our clients. This may include legal action, negotiations, and even mediation. Whatever it takes, within the confines of the law, Monetaria is committed to helping businesses recover the debts they are owed. 

A key advantage of working with Monetaria is our cadre of experienced professionals, which includes debt collection lawyers, collectors, and other experts who are well-versed in the complexities of the debt recovery process. This diverse and highly skilled and effective team ensures we are able to provide a level of service that is simply not possible with other debt recovery companies.

On top of our single-minded focus on each client’s case, customer care and communication are core values for us. From our lengthy experience, we understand that recovering debts can be a stressful and overwhelming process, and do everything we can to make it as easy and hassle-free as possible for our clients. This includes providing regular updates on the status of the recovery process, always being available to answer any questions clients may have, and working closely with them to develop a customized recovery plan that meets their specific needs.

Monetaria is the number one solution for businesses looking to recover debts in the merchant cash advance and commercial debt space. With our innovative approach, experienced team, and commitment to customer service, we have established ourselves as the go-to choice for businesses looking to get the money they are owed. If you are a business owner struggling to recover money, don’t hesitate to reach out to Monetaria for assistance: we have the expertise and resources to deliver the results you need.

 

If you have unpaid debts that need to be recovered, commercial debt collection may be a good option for your business. A commercial debt collection agency can help you with the process of recovering past-due accounts and provide guidance on best practices for managing accounts receivable. 

Led by a team of experienced debt collection attorneys, Monetaria has helped hundreds of businesses recover and collect their outstanding debts and payments. See testimonials from our delighted and satisfied clients here, and schedule a FREE consultation with our expert team to see how we can help you recover your money today!