ARS Collection Services Brochure

Early Intervention Facts That Have Made AmerAssist The Logical Choice Of America’sThe conventional agency approach to collecting delinquentreceivables is expensive, produces poor results, and alien- Most Astute Credit Grantorsates customers. The conventional strategy is to salvage apercentage of the write-off after deterioration has occurred. Comparison Factors AmerAssist Your AgencyAmerAssist accelerates slow paying accounts with the Collection Cost Under 10% YES 1 ______Binary Program’s early intervention strategy and more com- Free Audit Bureau Balance Verification YES ______prehensive approach to managing receivables. Comprehensive Automated Systems YES ______Economical (including sophisticated powerdialers) YES ______ YES ______The Binary Program’s low, fixed fee, which averages less Custom Contacts Available YES ______than 10 cents of each dollar collected, is normally more eco- Debtor Credit Record Affected YES ______nomical than the cost of pursuing an account internally! Dedicated Customer Fax Line YES ______ Employment Verification YES ______There are never any percentage charges in the program’s Fixed Fee Services YES ______primary phase. Therefore, accounts can be referred earlier Free Demand Stickersin the collection cycle when third-party authority is most Fulfillment Processing & Facilities YES ______effective. The Binary Program’s preventive maintenance Managementbenefits provide a unique, low-cost program that acceler- High Impact Federal Express Deliveries YES ______ 8415 Pulsar Place, Columbus, Ohio 43226ates cash flow – faster than any other source – while reduc- & Payment Pick-Up YES ______ (614) 848-9800ing write-offs. Independent Attorney Demands YES ______ Industry Specialist Staffing © Copyright 2005 AmerAssist A/R Solutions, Inc.Professional Litigation Follow-through Nationwide YES ______ YES ______The Binary Collection Program can be utilized with the (Agency advanced court costs and attorney fees) YES ______knowledge that your image and reputation will always bemaintained. AmerAssist is staffed by experienced personnel Minimum Account Resolution Standards YES ______who are exceptionally knowledgeable about collection tech- Monthly Progress Reports YES ______niques. High caliber professionals are developed for the National Association Endorsements YES ______ongoing demands of aggressive pursuit through extensive YES ______training programs and continuous evaluation. (Trade & professional co-developed programs) YES ______Effective Nationwide Delivery Capability YES ______ Professional Collectors AssignedThe profit improvements provided during the Binary Internet Service OptionCollection Program’s Primary Phase are compounded for Skiptracing Includedthose clients who also elect to transfer hard-core accounts Western Union Quick Collectto AmerAssist’s Secondary Placement Workout Division on Payment Processinga straight contingency fee basis. 100% Collection Guarantee (1) Primary PhaseThis workout division’s comprehensive approach to collect-ing hard-core accounts (such as intensive skip tracing andasset searches) is coupled with litigation when warranted, atAmerAssist’s expense. Virtually every remedy available willbe utilized on your behalf, which is why AmerAssist’s recov-ery ratio is currently more than double the national average!ComprehensiveThe service that AmerAssist provides with this accountsreceivable management and recovery system is the finestavailable at any price, from any source. Whether you seekthe lowest possible cost, or the maximum recovery ratio,the Binary Collection Program’s two-phase service satisfiesthe need for profit improvements.Let us share with you the superior results now beingobtained for creditors with debtors like yours, and we’llshow you how to test our system as an extension of yourstaff – at no risk! Professional • Economical • Comprehensive • Effective

The daily involvement of professional col- Utilizing sophisticated recovery strategies, This one-step process creates a permanent The profit improvements attained from lectors and portfolio managers, as well as this intense Secondary Phase of service is record on your one-write or online system AmerAssist’s lower rates and consistently overnight delivery of collection docu- implemented in a manner that gets results, ledger (which is password protected) and higher recoveries, in addition to the ments and same day payment pick up by while preserving your image and reputa- you use this information to notify us when strongest guarantee in the industry, have Federal Express, are also available during tion. AmerAssist’s state-of-the-art, auto- the debtor pays. made the Binary Program a logical choice the Primary Phase for creditors who are mated support systems monitor, assist, for America’s most astute credit grantors. especially concerned about immediately and improve the efficiency and effective- Options on the transmitter allow you to accelerating cash flow. Your local ness, of each collection effort while select the intensity of the pre-litigation (*) Other forms of transmittal are available AmerAssist account executive can recom- providing management information for collection effort to be made on each for volume accounts such as computer print- mend a level of service tailored to meet daily, hands-on decision making. account during the Binary Program’s outs, magnetic tape, ledger cards, debtor the individual needs of your organization. Primary Phase. These options include lists, invoice copies, copied checks, email or At your option, accounts not collected in AmerAssist’s Workout Division maintains a pre-collection Audit Bureau Balance other electronic files. responsibility for processing, negotiating, Verification at no additional charge, the Primary Phase can automatically remitting and accounting for all payments AmerAssist assures service excellence and Easy To Use which allows you to avoid alienating be transferred to AmerAssist’s and settlements, in accordance with your provides you with virtually every remedy future business. Complete instructions are Secondary Phase Workout guidelines. Collector workstations are sup- available that is allowed by law. This is The innovative design of the Binary provided with your system, and customer Division. ported by powerdialing, headsets and LCD why AmerAssist’s recovery ratio is more Collection Program’s online or one-write service is always available should you screens, which provide full account history than double the national average! system makes managing delinquent receiv- require information or assistance. Secondary Phase information, and access to email and word ables as easy as using a checkbook or processing technology for personalized The Workout Division’s services are pro- online banking. Active Account Status Reports are sent to The Binary Program’s Secondary Phase is communications. This comprehensive vided for a straight contingent fee, which you each month, and are always available provided by a full-service workout division, assistance provides AmerAssist collection includes litigation when warranted, at To assign an account simply complete a online. This management information which includes one of the nation’s most professionals with the knowledge and the AmerAssist’s expense. Bad checks are also transmitter as you would a check and for- enables you to monitor all collection activ- comprehensive litigation services depart- time necessary to effectively conduct asset handled on the same no collection – ward it to AmerAssist, online or by mail, ity. Emphasis on communication and low ments. It is specially structured to pursue searches, intensive skiptracing as needed, no charge basis. for immediate action.* cost results separates AmerAssist from the and salvage second placements (i.e., and personalized negotiations and follow conventional agency. accounts that have previously been up on every account. AmerAssist is even The Binary Primary Phase worked unsuccessfully by a collection designated as a Western Union Quick Collection Program agency as a primary placement). In this Collect, PhonePay and American Express The Binary Program’s Primary Phase con- Secondary Phase, payments are directed to MoneyGram receiving agent for instant, As the name implies, The Binary Program sists of a series of high impact collection AmerAssist while providing the industry’s local, debtor payment at over 20,000 loca- has two phases (Primary and Secondary) – contacts, including an attorney demand, most comprehensive approach to collect- tions nationwide. one following the other. which direct payments to you. Payment ing hard-core accounts. demands by professional collectors are also At your discretion decisive court actionAmerAssist included during this phase for a low, fixed will be brought to bear when necessary, in fee, which averages less then 10 cents of each the debtor’s locale, through our worldwideAmerAssist, a subsidiary of the dollar collected, regardless of the age, size, network of collection attorneys.Millennium Trust Company, Ltd., is one or debtor’s location. The debtor is put onof the most experienced collection notice from the start that AmerAssist hasorganizations in the nation, serving credit full authority to pursue your claims withgrantors in a broad range of industries. all available remedies.The Binary Collection Program concept,offered by our Accounts Receivable Ken Monnett CPA, Chief Executive OfficerSolutions Division, is endorsed by over100 national trade and professionalassociations.Last year, the people in our organizationcollected over $800 million dollars, main-taining the cash flow necessary for theprofits and growth of over 30,000 creditgrantors. Our licensed and bonded servic-es are provided nationwide. AmerAssistalso maintains a $1,000,000 excess liabilitypolicy for each client’s protection.