The team at Fairshare has worked with Resort Developers, Homeowners Associations, Schools, Medical Practices, Management Companies, Vacation Clubs, Banks, and Finance Companies for over 35 years. Our services include Customer Retention and Recovery, 30/60/90 Collection Management, and Loan Servicing.
Among our innovations are two which have proved extraordinarily successful for our Clients:
DEFAULT LIQUIDATION using our FAIRSHAKE © system.
CUSTOMER RECOVERY using our FAIRCARE © system.
A Winning Success Story!
Non-Performing Accounts and Charge-Offs:
What has your plan been for accounts that you have written off?
Have you sent default notices, ‘dinged’ customer’s credit profiles, and closed loans?
Have you re-taken inventory that’s not earning you money?
Perhaps you never thought that you would revisit this bad debt again.
We will put cash back in your accounts, and bring customers back to your business.
Consumer defaults and delinquency are up nationwide. Those who think outside the box and embrace change will survive, and then will have the best opportunity to grow.
In our approach, the debtor is the winner! We have turned the outdated and ineffective ‘hit ‘em over the head’ collection style upside down.
Our innovative, multi-faceted programs create a WIN for your customer and a significant WIN for you, the client. At Fairshare, your defaulted customer can realize:
– A workable way to repay their debt to you.
– Where appropriate, a meaningful reduction in their debt obligation.
– An amendment to their negative credit profile.
– ZERO PERCENT financing to resolve their debt.
– “Mini Vacation” or other rewards for good repayment history.
– Opportunity to become a customer once again in good standing.
All at no cost to you!
So you’re thinking, “That person with the bad debt is getting a good deal. What about us?” You can bet that you will be even more pleased with our Win-Win formula…
– You will be paid more (and sooner) than what you expect from typical ‘Collection Agencies.’
– There is ZERO COST for you to participate in the program. WE PAY YOU.
– You often get a revived customer.
– Our formula can also generate ancillary revenues, referrals, and even fresh prospects and new sales.
Active Portfolio Servicing & Collection Management:
– 30/60/90 Day Collections:
– What are you doing to get customers paying, before they Default?
– Are you are losing availability on ineligible receivables?
– Are you suffering operating shortfalls because of past due maintenance fees or other receivables?
– Are you watching referrals or reloads wither away?
As your partner, we limit the impact of late payments and defaults, and improve eligibility for clients who finance their receivables. We always keep our relationship with your customers professional and courteous. Our “DNA” is treating each of your customers with respect and empathy. We avoid ‘heavy-handed’ collection techniques that do not work.
We are empathetic to your customer’s situation and to your business objectives. We work in a positive way to limit your default curve. Services provided to our clients include:
– Superb, Effective Collections
– Full Servicing Management
– Full Collection Management for “In-House” efforts
– Complaint Resolution
– Refinances, Restructures, and Settlements
– Packaging and scrubbing receivables for financing, sale, or securitization
– Statistical Analysis and Underwriting Consultation
– Document Management
– 100% Staffing by Fairshare Solutions
– Professional Collaboration
– Effective Reporting and Dashboards
– Customer Rewards Programs
