Below are our statistics of recovery for claims placed with our office.
These numbers aid in understanding the importance of certain factors. Factors to consider when placing a claim are age of the receivable, size of the receivable, customer characteristics as well as the underlying transaction creating the receivable to begin with. By analyzing the data, effective changes in the business work flow process can be made. This can and does improve the bottom line.
Breakdown of Statistics:
|Industry||Percentage of Recovery|
|Fabricators & Installers||81%|
|Box & Packaging|
|Apparel & Garments|
|Importers or Exporters||73%|
Past performance does not guaranty results.