Member News

Articles about important industry related topics created by our members.

Frost Echols welcomes Shelly Gensmer-Cleek to team

Rock Hill, SC – Frost Echols (FE), a leading industry defense and compliance law firm, is very pleased to announce the addition of Shelly Gensmer-Cleek. Shelly joins FE with several years of industry experience working on behalf of accounts receivable management companies.  Shelly will serve in the capacity of a law clerk and will move into […]

2024-07-08T10:16:50-07:00July 8, 2024|Member News|

Scott Renner, President of Velo Law, Appointed by Michigan Governor to Collection Practices Board

LANSING, MI – On April 11, 2024, Michigan Governor Gretchen Whitmer announced several new appointments to the state Board and Commissions including Michigan’s Collection Practices Board to which Velo Law President, Scott Renner, was appointed.

“I’m looking forward to this opportunity and am honored to be appointed. It’s exciting to have a chance to serve […]

2024-05-23T13:10:36-07:00May 23, 2024|Member News|

VeriFacts Recertified as a Women-Owned Enterprise

STERLING, IL – VeriFacts, LLC, a leading employment location and verification service provider in the receivables management industry, is thrilled to announce it has once again been recertified as a Women’s Business Enterprise (WBE) and Women-Owned Small Business (WOSB). The recertification was conducted by the Women’s Business Development Center – Midwest, on behalf of the Women’s […]

2024-05-23T09:05:04-07:00May 23, 2024|Member News|

Reaching 13-year milestone takes stellar company culture and innovation for InvestiNet

InvestiNet says developing technologies that deliver added humanity and efficiency to debt collection is a key to their success.

GREENVILLE, S.C. – InvestiNet, founded in 2011 in Greenville, South Carolina, is pairing its 13th anniversary with a celebration of returning humanity back to the debt collection space. InvestiNet has invested heavily in customizing technological solutions that […]

2024-05-15T13:41:34-07:00May 15, 2024|Member News|

Finvi Announces Partnership with TCN as Preferred Partner for Contact Center Services

Burlington, Mass. – May 14, 2024 – Finvi, the leading provider of enterprise solutions that streamline and accelerate revenue recovery for clients across the accounts receivable management (ARM) industry and healthcare markets, today announced a new partnership with TCN, a leading provider of omnichannel contact center solutions, and Finvi’s preferred provider of contact center software, […]

2024-05-14T07:54:24-07:00May 14, 2024|Member News|

Universal Fidelity LP Announces 100% Company Ownership by CEO Jessica Hearn

We are excited to announce a significant milestone in the journey of Universal Fidelity LP! We are proud to announce the 100% ownership of Universal Fidelity LP by CEO Jessica Hearn. Universal Fidelity started providing national collection services in 1991 and Jessica began her career in the account receivable industry in 1996 at the company.  […]

2024-05-08T15:09:17-07:00May 8, 2024|Member News|

Flock Financial, LLC Recapitalizes with $25 Million Investment; Retains and Adds to Leadership team

Atlanta, GA., April 30, 2024 –Flock Financial, LLC, (“Flock” or the “Company”), a leading financing partner to middle market receivables management and consumer finance companies active in the purchase, sale, and collection of performing and nonperforming receivable assets, announced today that various investment funds affiliated with PennantPark Investment Advisers, LLC (“PennantPark”) have invested $25 million in […]

2024-05-07T10:01:16-07:00May 7, 2024|Member News|

CACi Continues Growing, Acquires Two More Agencies

St. Ann, Mo — April 22 — Consumer Adjustment Company, Inc. (CACi) is excited to announce the acquisitions of Creditors’ Discount & Audit Co. (CDA) and The Credit Bureau of Columbia/Account Management Services (AMS).

The two companies are the latest to join the CACi family and further demonstrate the company’s stability and rapid growth. That CDA […]

2024-04-22T10:23:00-07:00April 22, 2024|Member News|
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