Darron Hay
Puyallup, WA (USA)
Role(s):
Founder/Owner/Principal
Redemption Receivables Management
Find More Startups
Startup
Location:
Puyallup
Industry:
Legal
Year Founded:
2008
Number Employees:
1-10 people
Description:
A collection agency that provides the teeth for Condominium & Homeowner associations to more effectively collect their member dues. This is the #1 problem for HOA's. Most HOA's & COA's experience a delinquency rate of 20-40%. My company provides incentive for the home owner to pay on time by reporting all payments to the credit bureaus. Additionally, the process is all automated so the business is not labor intensive. By virtue of being a licenesed collection agency, we can perform all of the normal collection activities an attorney does. Therefore, we actually save associations money and increase their revenue by simply redirecting their collection attorney budget to us. The field is wide open nationally for this service.