What is preventive maintenance, and how does it help credit grantors?
As the name implies, preventive maintenance aims at preventing the aging of accounts to the point where payment is unlikely. This preventive approach is the most effective use of the credit grantor’s internal collection resources, and NCO Receivables Management Solutions unusually low, one-time, fixed fee makes its services more cost effective than the credit grantor’s own efforts, after the first few months of delinquency. NCO Receivables Management Solutions preventive maintenance approach helps creditors minimize loss, which in turn allows the creditor to use credit as a tool to stimulate sales and expand the profits and growth of business!
