Collection Agencies Industry

NAICS: 56144

For additional companies see the Business Support Services Industry

Collection Agencies Market Share: Largest Companies in the Collection Agencies Industry

Company	Headquarters	Revenue ($ MM)
GC SERVICES	Houston, TX	100
NCB MANAGEMENT SERVICES	Feasterville Trevose, PA	36
MEDUIT. LLC ILK/A RECEIVABLES	Charlotte, NC	31
STATE COLLECTION SERVICE	Madison, WI	15
PATIENT ACCOUNTING SERVICE CENTER LLC DBA GETIXHEALTH	Sugarland, TX	15
ENHANCED RECOVERY	Jacksonville, FL	12
REVCO SOLUTIONS	Durham, NC	11
RECEIVABLE SOLUTIONS	Columbia, SC	11
BROWN & JOSEPH	Itasca, IL	11
ANNUITY HEALTH HOLDINGS	Columbia, SC	10
G & G ORGANIZATION	Houston, TX	9
HS FINANCIAL GROUP	Cleveland, OH	9
MEDICAL DATA SYSTEM	Vero Beach, FL	9
REVENUE ASSISTANCE	Cleveland, OH	9
NATIONAL RECOVERIES	Arden Hills, MN	8
COLLECTO INC. DBA EOS CCA	Norwell, MA	8
RADIUS GLOBAL SOLUTIONS	Minneapolis, MN	8
COAST PROFESSIONAL	Geneseo, NY	8
JNR ADJUSTMENT	Plymouth, MN	7

This is a list of the largest companies active in the Collection Agencies industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Collection Agencies industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Collection Agencies Companies

A list of competitors in the Collection Agencies industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Collection Agencies businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Collection Agencies companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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