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Markets Served

For over 30 years, Penn Credit has implemented powerful collection strategies across a variety of markets that have consistently delivered the type of results our clients have come to expect. Such results don’t happen by accident, but are the product of persistence, competence, and commitment to being “the best in class”. Whether you’re a local electric utility, hospital, or state government, Penn Credit has the resources, experience, and know-how to devise a customized receivables management solution that fits both your needs and budget.

Government

Financial integrity is one of the key performance indicators of effective local government. State, county, and municipal governments are often faced with the dilemma in a depressed economy in trying to maximize recovery efforts while still being sensitive to the plight of their citizens. This is when experience really counts. Penn Credit’s skilled collection representatives are trained to handle the collection of a variety of debt types including taxes, traffic citations, parking tickets, court fines, and water, sewer, and waste management bills in a respectful yet aggressive manner.

Healthcare

Economic and regulatory pressures and the ramifications that accompany them are no strangers to healthcare industry professionals. As the number and magnitude of delinquent receivables escalate, decisions on the allocation of budgetary resources become more and more difficult to make. This places a premium on finding a partner who you can count on to maximize the recovery of you unpaid receivables. Penn Credit is well equipped to handle all types of hospital, physician group, nursing facility, and emergency medical service (EMS) receivables.

Education

The re-payment of student loans increasingly is becoming a burden for recent graduates given the soft job market for new hires in recent years. Penn Credit is well equipped to work with those who are behind on their payments by helping them make arrangements that are realistic. When payment plans falter, aggressive and timely follow-up is needed to ensure corrective action is taken in a timely manner. Penn Credit‘s Educational Collections Program has all you need to strike a balance between maintaining a positive public image and collecting on what is owed.

Utilities

Penn Credit recognizes that the collection of delinquent water, electric, and gas accounts are a continuing challenge. This situation is even more compounded when account write-offs translate into higher costs for consumers and hinder efforts to maintain a positive reputation with customers and government regulators. Often being successful with a high volume of small balance accounts can make or break your collection strategy. That’s why we have designed a collection approach that gives them the same level of attention as your larger account balances. Our approach has proven successful for clients across the country and has contributed to our reputation for excellence in this area.

 

Telecommunications

Since our inception in 1987, Penn Credit has always had a strong presence in the telecommunications arena. During this time we have effectively cultivated strong business relationships with nationwide providers that have fortified our knowledge and expertise in how to find difficult to locate debtors and generate the payments you need. Whether you are a landline, wireless, or internet based provider, there is no challenge too large for Penn Credit to tackle.

 

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