R.M. Foster & Associates purchases charged off accounts at any point in their collection life cycle. Be it a fresh charge off, or first, second or tertiary recalls, we are prepared to purchase any age account in a forward flow or single transaction. When preparing a bid we always attempt to tailor the transaction to meet the specific needs of the seller. Our company also collects on delinquent accounts on a contingency basis with excellent results for our clients.
R.M. Foster & Associates, LLC is not just a collection agency... we are “Receivable Management Specialists”. By applying our experience and expertise in financial investigations, we mitigate and often times prevent costly losses of our clients’ accounts receivables. Before an account is worked by our associates, the highly trained and bonded staff of R.M. Foster & Associates investigates each account. By compiling, analyzing, and interpreting each account we often expose hidden assets that should have been disclosed during our clients’ initial credit investigation. These assets could mean the difference between a potentially profitable account and one that is insolvent.
R.M. Foster & Associates offers a comprehensive acquisition, recruitment, and training programs that are among the best in the collection industry. Our associates boast a PROVEN TRACK RECORD of success. Each account is carefully investigated, documented, and analyzed to determine the likelihood of a successful collection. Our staff routinely investigates both commercial and consumer accounts, with the goal of resolving any issues in a timely manner, thus maximizing and increasing the percentages of dollars collected on a monthly basis.
Vision
Recovery or collection of accounts receivable are of paramount importance to our clients and the economic fiber of commerce. Our vision is to provide fast and effective action to ensure reasonable resolution to chronic no pay situations, and consequently reduce or eliminate the potential of lost income for our client.
Mission Statement
Our client’s reputation will always remain a priority. R.M. Foster & Associates, LLC has a mission to become a leader in collections and recovery of accounts receivable by providing our clients with the most comprehensive full service database network available. It is important to recover funds in a professional, efficient, and prompt manner maintaining our client’s reputation while increasing their ability to stay competitive.
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