This article showcases our top picks for the best Minnesota 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:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top Minnesota Debt Collection Companies
Data sourced from Crunchbase and SemRush.
IC System
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IC System is an accounts receivable company headquartered outside of St. Paul, Minnesota.
Founded in 1938 by Ruth and Jack Erickson, the company has been family-run for the length of its eighty-year existence. It is now in its third generation of Erickson leadership.
Founded on the principles of providing honest and ethical service, the company is committed to utilizing practices driven by its own moral code to improve financial outcomes for both clients and consumers. To this end, representatives for the company are highly trained with respect to relevant legal and business considerations as well as proper consumer relations.
This focus on training not only helps to achieve successful results, but also to maintain relationships that clients have built with their customers. To facilitate the company’s commitment to quality, its guiding principles have been condensed into a code of ethics known as its statement of core values.
These values help to direct all actions taken by the company, allowing it to keep policies consistent with the philosophies built into its foundation. The core values focus on the five areas of people, integrity, performance, pride, and innovation.
In a constant effort to encourage the following of ethical practices throughout the company, quarterly awards are given out to employees who best typify the core values in the workplace. In addition to the above areas of focus, the company also places particular emphasis on compliance and security.
Jefferson Capital
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Jefferson Capital is an industry-leading provider of traditional and unique recovery services for consumer charged-off accounts. Their clients include creditors and national debt buyers.
They offer services such as a Payment Rewards Collections Program, purchasing and servicing of secured and unsecured bankruptcies, as well as traditional purchasing of distressed portfolios.. .
Receivable Management Services
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Receivable Management Services provides debt recovery services to companies from industries.
Viking Client Services
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Viking Client Services deals in recovery, claims management and payment processing with strong collection practices & innovative solutions.
Financial Recovery Services
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Financial Recovery Services provides custom collection and receivables management solutions, auditing, monitoring, and data security.
Asset Discovery
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Asset Discovery is a debt collection company that specializes in accounts receivable management and recovery.
Diversified Adjustment Service
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Diversified Adjustment Service provides debt collection and receivable management solutions.
American Accounts & Advisers, Inc.
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American Accounts & Advisers provides collection and accounts receivable services to healthcare, financial institutions and businesses.
Receivables Control
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Receivables Control offers debt collections, consulting, liquidation, outsourcing, legal, account receivables & credit management services.
Range Credit Bureau
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Range Credit Bureau is a debt recovery and collection company that also checks recovery and credit card processing services.
Colltech
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Colltech is a software development company that develops debt collection software for the healthcare industry.
Summit A•R
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Summit A•R is a debt collection agency that offers commercial, employee reimbursement, medical and wireless chargeback collection services.
Commercial Collection Bureau
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Commercial Collection Bureau provides commercial debt collection, internal rapid recovery and pre-collection services.
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