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Collections – First month to bad debt – Improve the process and lessen your financial impact

Presented on August 22, 2018 by Todd Sheffer from Storage Collections and Shawn DeLuna from Collection Bureau of America

Collections –  First month to bad debt – Improve the process and lessen your financial impact

Want to improve the bottom line of your self-storage operation? We will discuss first party and third party collections and what you can do today via SiteLink to improve. Learn how operators of any size can improve their operations with low or no-cost options.

There are many operational challenges running a self-storage facility, let us guide you through a very important one, collections. Are you finding that your cost to process the lien and go to auction far outweigh what you recover? Learn what your facility can do to improve cash flow by further automating your past due tenant contacts, no matter your size or geographic challenges. We will also discuss the process to recover a greater percentage of those write-offs. Stop leaving money on the table when there are risk-free options.

Automated First Party Collections

Technology is a tireless employee and your friend. Learn how the most widely read messaging is your best friend.

Lien & Auction Process

Get them done quickly and painlessly. Why allow “bad” tenants to occupy your space, when other “good” tenants waiting on a prime unit?

Third-Party

 

Post Auction – Did you sell off the unit and are still out funds? Why give up now when you can recover more money with no risk to you?

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