
Tarnell Collections
245 Waterman – suite 500
Providence, RI 02906
tel 401.421.5800
fax 401.421.9127
collections@tarnell.com
Contact
Anthony Tarnell (extension 401)
Executive Vice President
Can anyone place a claim for collection with Tarnell?
Yes, a current business relationship is not required to retain us as your collection agent.
What will the collection service cost?
Most fees charged are either 22% or 27.5%. Our complete fee schedule is displayed during the claim placement process.
Why use Tarnell Collections?
Tarnell has been offering collection services to the plastics industry for over 75 years. Our industry leverage and expertise afford us a unique position in the commercial collection field. Our calls are taken. Tarnell’s extensive database and our ability to communicate with and obtain critical information from thousands of industry contacts makes Tarnell Collections the most effective debt recovery tool available.
How do I place a claim for collection?
Complete a claim form and return it to our office via fax or email. Claims can also be placed online.
What documentation is needed?
In order to place a claim, you need either a statement of account or invoices. If available, the following will also assist with our collection efforts: Account notes and email traffic.
When do I get my money?
Collections are often completed within just a few days. Client remittances will be tendered in as quickly as 3 business days depending on the debtor’s form of payment.
When should I place an account for collections?
A claim should be placed when meaningful changes in the debtor’s normal course of business are observed. They might include:
- Returned Check
- Employee turnover or consultants being retained
- Debtor avoiding contact
- Recorded message repeatedly answering calls
- Lack of concern expressed about the past due account
- Hearing statements about needing a loan or having money problems
Nothing is worse than saying “I should have” after the debtor closes their doors or files bankruptcy. If you are reading this, file your claim today.