How An Industry Outsider Started An $80K/Month Debt Collection Business
Hello! Who are you and what business did you start?
Hello everyone! My name is Avi Grunwald; I’m the founder and CEO of Fair Capital.
I started the company in 2017 to help businesses collect unpaid receivables efficiently and positively to improve their cash flow.
While based in New York, our agency currently works with more than 600 companies nationwide. We help them collect unpaid invoices through a proven, unique, positive debt collection approach, demonstrating outstanding results.
Based on ACA International's recent report, our unique debt collection strategy demonstrated a debt collection success rate 52% higher than the industry average.
What's your backstory and how did you come up with the idea?
I was struck by the fact that so many businesses are struggling to collect payments from customers who “don't see paying their invoices as a priority.” After doing some research, it became clear to me that unpaid invoices are a problem that a majority of businesses across nearly every...
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.