R A P I D  C O L L E C T I O N S 



EXPECTED TIMEFRAME


Rapid Collections has maintained this average of recovery time for over 10 years. The volume associated with this recovery is measured on Accounts Receivables totaling over $500M a year.


(Recovery is measured from the time we receive the account to the time the payment is received)

 

  • Invoice age (30 days to 1 year old) = Average recovery time: 27 days

 

  • Invoice age (Over 1 year old to 2 years old) = Average recovery time: 39 days

 

  • Invoice age (Over 2 years old to 3 years old) = Average recovery time: 60 days

 

  • Invoice age (Over 3 years old to 4 years old) = Average recovery time: 84 days

 

  • Invoice age (Over 4 years old to 5 years old) = Average recovery time: 180 days