Fitness clubs are an integral part of our society. They offer a huge selection of state-of-the-art exercise equipment and facilities with amazing amenities. Most clubs even staff highly qualified trainers who lead exercise classes and create detailed personalized workout plans for individuals. People go to fitness clubs as a respite from the monotony of sitting in an office all day and to get their daily endorphin boost. However, there are times when people get too busy and stop going to classes or the gym. Then, they may not think it’s a priority to pay their membership dues even if they’re under a contractual obligation. Other times, people just fall on hard times and don’t consider their membership a priority. However, when people sign a contract with your gym you need them to stay current on their bill. That money keeps your operation open and functioning. It allows you to pay your staff, buy and maintain equipment, and expand amenities for your clientele.
Gym Memberships are Legally Binding
Gym Contracts are legal documents. If your company stipulates that a member must pay fees regardless of their level of use, they must pay it. When members refuse to follow through on a contractual agreement, the experienced recovery agents at Southwest Recovery can help you collect. We use a variety of tools and techniques including skip tracing techniques, credit reporting, and legal action to collect past due balances.
Efficient Debt Collection
There are some steps you can take to recover an outstanding balance like sending past due notices or denying the member entrance to the gym. However, once you’ve exhausted these options to no avail, it may be worthwhile to hire a professional debt recovery agency like Southwest Recovery. We are experienced and know the best practices to recover debt. While we take care of tracking down the rogue member, and holding them accountable you can focus on the important job of running your gym.
SWR has several techniques to encourage members to pay quickly and close out their debt. One of our most effective methods is credit reporting. We can report their outstanding debt to credit bureaus for free upon your request. This will affect their credit score until they pay off the debt, which will increase the likelihood of them paying. No one wants derogatory remarks on their credit report that will prevent them from making large purchases in the future. SWR account agents possess extensive knowledge of state, federal, and local debt collection laws and industry best practices. Our experienced team recovers debt fast, efficiently, and ethically. If our initial efforts aren’t successful, we won’t give up. We will use every tool in our arsenal, and may even pursue legal action to recover a bad debt for your company.
Affordable Debt Recovery Services
We are confident that we’ll be able to recover outstanding debt for your company. That’s why we’ll never ask clients to pay fees upfront to refer an account to collections. We also establish an agreed-upon contingency rate before we begin work, and will only charge you after we get your money back. That way you are assured you won’t be out even more money.
Billing System Improvements
A lot of cash flow deficits can be attributed to inefficient billing. Southwest Recovery Services can help your gym with accounts receivable management services. Our experts can help you manage invoicing and ensure consistent timely payments. We work with businesses of all sizes, and even if you’re a start-up our services can be beneficial to you. We are a contingency agency, which means we may be able to charge as low as 5% of the receivable depending on the volume of work you send us.
SWR Maintains Relationships With Your Valued Members
The recovery agents at SWR are dedicated to recovering outstanding debts ethically and without sacrificing the relationship you’ve built with members. We offer a variety of services to help you streamline your finance management needs before you ever need to send an account to collections. SWR offers traditional debt collection services, as well as accounts receivable management and consulting services. We have offices located in Houston, Austin, Dallas, San Antonio, Oklahoma City, and St. Louis so we can conveniently recover outstanding balances nationwide.