mediacredit ®
Specialists in Receivables Recovery & Financing for the Marketing Communications Industry
Services
Rates
Delinquent Receivables Recovery & Management
Basic rate: 20%
Add 0% - Recovery mandates of $100K +
Add 2.5% - Recovery mandates of 50K to 100K
Add 5% - Recovery mandates of $25K to $50K
Add 8% - Recovery mandates of $10K to $25K
Add 12% - Recovery mandates of $3K to $10K
Add 15% - Recovery mandates of $500 to $3K
Skip-tracing required > Add 5%
No purchase order > Add 5%
Per month overdue over 90 days > Add 2%
(Maximum charge is 45% overall)
Debt Registration Pre-Notice letter : $25.
(Our Accelerator for 60-120 day accounts)
Legal proceedings > included in basic rates, at MediaCredit's discretion.
Bad debt financing... variable on quality of debt
Factoring... variable on quality of receivables
Recruitment... 25% of first year's salary
Receivables recovery & management
Receivables financing
Skip-tracing & Legal research
Media sector credit evaluation
Credit/collection Sector Recruitment
