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Refer Potential Members

Why should I submit potential members to NACM?

Are you tired of dealing with
credit reference requests?


Direct the requesting company info to NACM. As a member they will have access to our reports. You will get fewer credit reference requests and their information will be added to your NACM reports.



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Collection Rates
50% on accounts less than $200.00. Accounts over $200.00 are charged: 25% on amounts collected up to $2,000; and 20% on balance over $2,000. Thus, for a collection of $2,500.00, a client would pay NACM Business Credit Services 25% of the first $2,000 and 20% of $500.00 and you have added funds to your cash flow that you otherwise may not have had. A 33.3% rate applies to all claims that have been previously placed with other attorneys, collection agencies or if you have obtained your own small claims judgment. 

Recovery of Bad Checks
We are experienced in the recovery of bad checks. Don't overlook this valuable service from NACM Business Credit Services. Regular collection rates apply. 

Bonded Attorney Services
NACM Business Credit Services has secured Professional Legal Counsel nationwide with expertise in the litigation of accounts. This service should be utilized when the debtor's financial condition or attitude indicates it cannot be collected without legal action. You are kept advised of our progress and we ask for your approval prior to sending any claim to an attorney. You can also send the account to us for collection and direct that it be immediately forwarded to one of our attorneys.

 

Legal Rates:
Accounts less than $1500.00 may not be forwarded for suit. If an account is forwarded to a Bonded Attorney accepting commercial collection rates, the following rates apply: 

35% Of the first $300.00 collected;
33% Of the next $1,700.00 collected; and
28% Of the balance collected in excess of $2,000.00. 

In some areas the above rates may not apply. Again, you will be advised of the rate. If it is higher, we will advise you as we obtain your approval to forward the account to an attorney.

The creditor is required to advance court costs and suit fees which are usually nominal. We discuss these with you in advance so you can make an informed decision when determining whether to have the account placed with an attorney.

      PLEASE EMAIL ALL SUPPORTING DOCUMENTS REGARDING COLLECTION TO NACM Collections