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AMERICAN CAPITAL INTERPRISES, INC.
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AMERICAN CAPITAL INTERPRISES, INC.
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Last modified
8/16/2019 10:18:44 AM
Creation date
8/16/2019 9:29:02 AM
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Contracts
Company Name
AMERICAN CAPITAL INTERPRISES, INC.
Contract #
A-2019-119
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
7/16/2019
Expiration Date
6/30/2024
Insurance Exp Date
1/1/1900
Destruction Year
2029
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�11AmerlcanCapital <br />A ENTERPRISES, IM'G. <br />41070 Kalrtd. St. Ste 120, kwdWa, CA 92562 <br />Tek 951.695.3372 / F=951A95.3763 <br />FEE PROPOSAL <br />The collection of bad debt is at the heart of American Capitals' receivable <br />programs. Whether performing early out functions, purchasing bad debt <br />portfolios, or special clean but projects, it all begins with the skill, <br />expertise and technology acquired in the collection of overdue monies. <br />Our proposed rates follow. These fees are also applicable for the optional <br />contract extension period. <br />BAD DEBT PROPOSAL <br />AMERICAN CAPITAL PROPOSES TO COLLECT THE CITY OF SANTA ANA'S <br />BAD DEBT ACCOUNTS AT THE FOLLOWING FLAT RATES: <br />• First Placement Accounts <br />• Second Placement Accounts <br />(If applicable) <br />•.•..-- .............. Flat 19% Contingency <br />50% Contingency <br />• Legals.............................................. ............ 40% Contingency <br />OTHER PROGRAMS <br />• Letter Service (2 Letter Service) ........................ $20.00 Per Account <br />• Early Out Programs ............ ................... 12% Contingency <br />(No more than 120 days from billing) <br />• Special Cleanout Projects .... .:............ .............. Quoted Upon Request <br />21 <br />I <br />25H-70 <br />
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