Keep your Accounts Receivable protected for less than a cup of coffee a day with Invoice Guard
With our innovative flat fee collection service, you can get the protection from defaulted accounts without giving up a large portion of your receivable to traditional collection agencies or factoring companies.
Affordable
100% of the money collected by Invoice Guard™ or its affiliated collection agencies and/or law firms within the first 60 days of placement into the Invoice Guard™ Collection Network, on behalf of you, the client, or your company will be sent directly to you.
Invoice Guard™ will be entitled no commissions.
Flexible
Our standard agreement covers a 12 month period, and if not cancelled after the expiration of the agreement, we will continue on a month to month basis. We have flexible options however to meet the needs of all clients.
Value
Clients can submit $10,000.00 or up to 10 accounts per month under our Silver package. Any client that submits over their monthly limit will be charged a one -time fee of 2% of everything placed over $10,000.00 or $25.00 for every account placed over your monthly limit of 10. This one-time charge will be due at the same time as your NEXT monthly payment is due.
Step 1
You choose Invoice Guard™ by executing our agreement and completing your account setup with one of our specialized Invoice Guard consultants. The first months premium is collected and coverage begins.
Step 2
You are provided a username and password that will allow you access to our International Debt Recovery Network, where you provide the debtor information on each case you are submitting for collection.
Step 3
Within 24 hours of placing your claim(s) an initial demand for payment letter will be sent to the debtor(s) you submitted. The debtor(s) will be advised to contact your office to pay their outstanding debt. Collection calls will be made 3 to 4 times per week.
Step 4
Thirty days after placement of your claim(s) a stronger second demand for payment letter will be sent to the debtor(s) you submitted. The debtor(s) will be advised to contact your office to pay their outstanding debt. Collection calls will continue to be made 3 to 4 times per week.
Step 5
Thirty days after placement of your claim(s) a stronger second demand for payment letter will be sent to the debtor(s) you submitted. The debtor(s) will be advised to contact your office to pay their outstanding debt. Collection calls will continuFortyfive days after placement of your claim(s) a strong third demand for payment letter will be sent to the debtor(s) you submitted. The debtor(s) will no longer be directed to communicate with you, but will be instructed to contact OUR office to pay their outstanding debt within 14 days. Collection calls will intensify during this period.
What happens If They Still Do Not Pay
If at the end of the Invoice Guard™ 60 day recovery cycle your debtor (s) has not paid their obligation, and you HAVE NOT requested to have your claim(s) pulled from the Invoice Guard™ network your accounts will be worked in the following manner:
Any account placed with Invoice Guard™ that remains in active collections 61 days after your placement of the account will be considered a “Non-Compliant” debtor and will be collected at a rate of 20% of any monies collected that do not require litigation.
Continued Pursuit
If your “Non-Compliant” debtor still refuses to pay we will then advise you of what we recommend, which will be either closure of the case or litigation.
Simple Closure Process
If you choose to close the case, you will owe NOTHING to Invoice Guard™ or their affiliated collection agencies or law firms.
Attorneys Ready To Litigate
If you choose litigation, your claim will be litigated at a rate of 35% of any monies recovered.
If the Invoice Guard™ affiliated law firm recovers your money through litigation Invoice Guard™ will pay the affiliated law firm with the commissions earned by Invoice Guard™.
If the Invoice Guard™ affiliated law firm fails to recover your money through litigation you will owe nothing to Invoice Guard™ or its affiliated law firm.
Unparalleled Results
Compare The Invoice Guard Silver, Gold, and Platinum Services VS Industry Standard Collection Services.
Average Collection Recovery Rate.
Silver=64%, Gold= 67%, Platinum 78% Standard 17%
Average Realized Commission Costs
Silver=6.8%, Gold= 5.5%, Platinum 2.3% Standard 38%
