-- Southwest Recovery Services (SWRS) has announced a specialized collection service for the transportation industry, structured to help small and mid-sized trucking companies and owner-operators recover unpaid freight bills, improve financial stability and address cash flow pressures common in the sector.
More information is available at https://www.swrecovery.com/industries/logistics-management-collections/trucking-transportation-collections/.
As a SWRS team member explains, delayed payments from shippers often create inconsistent revenue streams for smaller operators. With invoices frequently settled on 30, 60, or 90-day terms, covering fluctuating operating expenses like fuel and maintenance can be difficult even if everything runs smoothly. Payment delays can disrupt this already difficult-to-manage system, threatening business viability.
In fact, industry data showed a significant rise in transportation company failures in 2019 compared to the historically low rates of 2018. This increase resulted in approximately 24,000 trucks being removed from service.
"It is clear when considering this data that debt management services can be an important tool for operators," says a company spokesperson. "The new model we're offering at Southwest Recovery Services is designed to address outstanding issues in a streamlined way."
They add that the service operates on a contingency basis, meaning clients do not pay upfront or out-of-pocket fees. Southwest Recovery Services receives payment only after successfully recovering funds for a client; a payment structure which they suggest aligns the agency's interests with those of the businesses it serves.
Agents at the company are trained to manage communications professionally in order to prioritize positive outcomes and avoid litigation if possible. When discussing outstanding accounts, they use a measured approach intended to resolve payments without damaging the client's existing business relationships.
Service features include frequent follow-ups to maintain contact with debtors and dispute resolution for invoice disagreements. SWRS also offers assistance to clients looking to improve their internal payment and collection systems for better long-term financial management.
Southwest Recovery Services is headquartered in Addison, Texas. Since 2004, the company has provided accounts receivable management services. It operates in adherence with all relevant state and federal laws, including the Fair Debt Collection Practices Act (FDCPA). Those in the trucking and transportation industry interested in partnering with SWRS can schedule a consultation at https://www.swrecovery.com/
Contact Info:
Name: Steven Dietz
Email: Send Email
Organization: Southwest Recovery Services
Address: 16200 Addison Road Suite 260 , Addison, Texas 75001, United States
Website: https://www.swrecovery.com/
Release ID: 89171493