This article showcases our top picks for the best New York based Debt Collection companies. These startups and companies are taking a variety of approaches to innovating the Debt Collection industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top New York Debt Collection Companies
Apollo Investment Corporation
Apollo Investment Corporation (NASDAQ: AINV) , a Maryland corporation organized on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). In addition, for tax purposes we have elected to be treated as a regulated investment company (“RIC”) under the Internal Revenue Code of 1986, as amended (“the Code”).
Our investment objective is to generate current income and capital appreciation. We invest in various forms of debt investments including senior secured loans, subordinated and mezzanine investments and/or equity in private middle-market companies.
From time to time, we may also invest in the securities of public companies. Our portfolio is comprised primarily of investments in subordinated debt, sometimes referred to as mezzanine debt, and senior secured loans of private middle-market companies that, in the case of senior secured loans, generally are not broadly syndicated and whose aggregate tranche size is typically less than $300 million.
From time to time, our portfolio also includes equity interests such as common stock, preferred stock, warrants or options.. .
Every aspect of the financial sector has evolved since the rise of financial technology innovations. Debt recovery, however, has lagged.
Creditors continue to use dated collections methods that are labor-intensive, time-consuming, risky and ultimately ineffective. This led us to develop Celeste.
Celeste is a cutting-edge, patent-pending platform that leverages advanced analytics and machine learning to deliver the next-generation debt recovery solution. Celeste is capable of forming a unique recovery strategy for each debtor which maximizes the probability of recovery while reducing costs and risks.
In addition, Celeste can perform the entire recovery process from start to finish. These capabilities, and so many more, make Celeste the truly intelligent end-to-end debt recovery solution that your business needs.
Celeste was created by technology and debt collection industry veterans with decades of legal and non-legal experience in collecting a wide range of consumer and commercial debt. We have worked alongside all types of businesses from global banks to small collection agencies.
For this reason, Celeste is designed to be configurable and scalable.. .
Oracle Financial Group
Thanks to its sophisticated technology and exceptional staff the company provides an unrivaled service. From its early beginnings, this agency has been committed to working together to resolve your debt.
Focused on the highest levels of compliance, Oracle financial group offers solutions for resolving customers’ debt with a focus on treating customers fairly and with respect. With a commitment to excellence, Oracle financial group has leveraged its market experience and extensive research to develop standardized and relevant collection methodologies for each of the business areas on which it focuses.
Its winning combination of knowledgeable staff and technology has helped provide seamless solutions that equate to increased effectiveness and returns for our clients. Oracle financial group employs business professionals with intensive training and continuing education classes.
The agency’s team of experts utilize industry best practices to find mutually acceptable solutions. They also provide access to positive financial tools that reduce your risk of loss and allow your business to grow and prosper.
Oracle financial group strives to meet and exceed clients’ expectations by utilizing cutting edge techniques and staying up to date with the complex collection and privacy regulations and industry guidelines. In order to locate, contact and collect quickly, this agency employs advanced technology equipment, tools, and resources.
Oracle financial group takes an individual approach in customizing a collection program that will work with their clients’ specific needs.. .
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