Writing A Collection Agency Business Plan --

Whether you need an industry specific collection agency business plan, or one geared to consumers in a geographical area, or any number of other options, odds are pretty good that you have smooth sailing when looking for financing.

The Good News About A Collection Agency Business Plan

Few bankers would question that your services are in dire need.  Your marketing plan should be a breeze. 

• Identify your client base
• Specify what you will doing
• Show how you will be paid

(That's a whole lot easier than most businesses.)

The hard part is that banks are just being stingy.  For everyone.  Even businesses with really great prospects.

So give them something extra.  That "something" might be

• A strong advisory board with members from the industry and from the community.
• A demonstration of how you will do more than other collection agencies.
• A demonstration of how you will be more successful than other agencies.
• Biographical summaries to knock their socks off.
• Letters of recommendation from current or former clients.
• Financials that demonstrate your control over finances.

There are more options, but you get the idea.  It needs to be more than "This is my business.  This is how much money I need."

And to help you put it all in great form, go for the 7 Step Collection Agency Business Plan:

 

[Please note: If you are presently dealing with a collection agency, the 7 Step Collection Agency Business Plan will NOT help you. This is designed specifically for use by collection agencies themselves as they seek funding.}

CLICK HERE for more info on the 7 Step Collection Agency Business Plan

There are a dozens of different kinds of collection agency businesses -- some large, some small.  Whatever your style, there are three things that you will need to get your business plan in shape for financing:

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Customer Reviews of the Collection Agency Business Plan

Bethany Martensen. "Highly recommended. It was just what I needed for our auto collections department."

Lonny (health based collections agency).  "Good show.  Thanks!"

Tien Ho. "Knowing the community is so important in doing collections work.  I think that once I pointed that out in our business plan, our banker came to realize what I meant and approved our funding request."

YOUR REVIEW OF THE COLLECTION AGENCY BUSINESS PLAN

We would love to learn of your experience with the 7 Step Collection Agency Business Plan.  Please go to our Business Plan Review Page and tell us what you think!