WE COLLECT


Whenever a company has receivables that have failed an internal collection effort they should seek a third-party collection agency. MAC Financial Recovery is the stern voice devoted to recovering your outstanding debts.

 

We specialize in dealing with exhausted accounts.


We protect your company's image while we collect.

NO ACCOUNT IS TOO OLD


MAC Financial Recovery specializes in the collection of 'exhausted' accounts. Our prominent skip tracing ability and negotiation tactics increase the success rate of collections. MAC protects your company's image by collecting on accounts responsibly. We minimize the risk of complaints normally associated with collection agencies

EXHAUSTED ACCOUNTS

 

We start where most companies stop. MAC places great emphasis on skip tracing on every account. Obtaining contact with the debtor is the greatest challenge facing collections. New telephone numbers, addresses and places of employment can be obtained through proper skip tracing. Obtaining this new contact information is pivotal to providing the best opportunity to collect the debt.

PROTECT YOUR COMPANY'S IMAGE


We place great emphasis on minimizing complaints. Complaints can lead to negative implications for us as well your company. Our focus is on promoting positive communication with debtors. We choose to talk to the debtor and discuss the debt. We do not believe in negative communication such as shouting, insulting or being demeaning towards the consumer. That type of communication is counter-productive to collecting the debt.

RESPONSIBLE COLLECTION


Every account is given a full skip trace and credit bureau review. Collection efforts are in adherence to the CAA. We respect the CAA regulations of all Canadian provinces. We are aware that there are different regulations in certain provinces and we do not violate any such regulation.


• debt purchasing    third-party collections    skip tracing services

WHY SHOULD A COMPANY SELL DEBT?


Companies choose to sell debt for a variety of reasons. Selling debt eliminates the hassle of collecting debt. It allows the company to allocate its resources elsewhere. Resources can be re-focused towards expansion, training and system upgrades. It allows the seller to receive a quick return. Many companies view receivables as the 'cost of doing business' and an immediate loss. Selling debt can turn that 'loss' into an immediate return.

WHAT IS SKIP TRACING?

 

Skip tracing consists of using the existing information on file in order to obtain new contact information. 'Credit bureaus' are an effective tool in skip tracing and help to provide new information that would otherwise go undetected. Using various '411' websites aid in obtaining new listings for existing data.

BEWARE OF BAD SKIP TRACING

 

Bad skip tracing performed by under-experienced agencies damages your company's reputation and in some cases can lead to lawsuits. Inexperienced collectors will not analyze certain data because it is 'too old'. Some collectors search too broadly. As a result , they can miss crucial data leading them to the wrong debtor. Here at MAC Financial, we ensure each case is properly documented and with care and professionalism.

WE PERFORM THIRD-PARTY COLLECTIONS

 

We can turn accounts that have been ‘written off’ into a steady revenue stream. Our commitment to collecting responsibly focuses on maintaining our client’s image. Our thorough collection process serves to ensure that consumer contact and collection is maximized.

SEASONED COLLECTORS

 

The majority of our experience has been comprised of working with major credit card companies with a focus on retail accounts. In addition, we have collected on behalf of telecommunications and automotive companies. We are confident that we can collect on delinquent accounts regardless of the nature of your business.

 

 

EXPERIENCE


credit card debt

 

retail credit card debt

 

consumer-based debt

 

tele-communications debt

 

automotive debt

REFERRALS


Re/max

 

Richmond Hill Dentistry

 

Hemisphere Freight & Brokerage

 

CONTACT US

 

Show Map

5025 Orbitor Dr.
Building 5, Suite 300
Mississauga, ON
L4W 4Y5

E  info@macfinancialrecovery.ca
P
905-206-6940
F
905-206-6951
Toll Free 1-866-671-6669


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