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Our Commercial Account Rates and Fees...


Domestic Accounts
  • 33% on the first $100,000 collected

  • 25% on all amounts collected in excess of $100,000

In the event use of an attorney is deemed essential to collect your account, a standard flat fee of fifty percent (50%) will be applied. All fees and costs are reimbursed from the client out of first moneys collected.


Returned Merchandise
When merchandise is recovered in lieu of cash payment, Western Capital's fees are charged based on one-half the normal value of the recovered merchandise. Should Western Capital discover that the account was paid prior to placement, a 10% finder's fee will be charged to cover the costs of collection.

Accounts withdrawn after placement will be subject to the regular rate schedule. Western Capital reserves the right to retain as compensation for its costs and expenses all lawful sums collected over and above the principal amount of each claim.


Secondary Accounts
Secondary accounts are accepted at 10% over the normal commercial rates. All other conditions apply.
Our Consumer Account Rates and Fees...
Balance Based Domestic Rate Schedule
The following rates apply to accounts placed, assuming accounts are less than 12 months old from the date of invoice or date of last payment. The rate is based on the dollar value of each account placed.
  • Accounts between $20.00 - $100,000.00 = Thirty Three Percent (33%)


Age of Account Discount
If the average age is less than 90 days since the date of last payment or date of last charge, a discount may apply to those firms placing in excess of $50,000 per month. Please call your representative for details.


Volume Discounts
An additional volume discount will be applied in cases where the clients' total monthly placement exceeds the following:
  • 2% off if monthly placement exceeds $250,000

  • 3% off if monthly placement exceeds $500,000

  • 4% off if monthly placement exceeds $1,000,000 or more


Litigation
All Consumer accounts are charged a legal rate of 50% regardless of age or balance. All costs are reimbursed out of first monies recovered.


Seconds, Older Accounts, Special Handling
Secondary accounts, accounts over 12 months old, or accounts requiring special processing are collected at a rate of 50%.
*Age refers to time from date of last payment or date of service

Western Capital reserves the right to retain as compensation for its costs and expenses all lawful sums collected over and above the principal amount of each claim.

 

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