Enhanced Recovery Corp. Named as One of Northeast Florida?s Fastest Growing Companies

Jacksonville, FL ? Accounts receivable management firm Enhanced Recovery Corporation has seen it?s annual growth rate average an astounding 108% over the past three years! That rate was good enough to achieve seventh place among private companies on the 50 Fastest Growing Companies in Northeast Florida list published in the August 1-7, 2003 edition of the Jacksonville Business Journal. The explosive growth has CEO Mark Thompson thinking big.

When asked where he sees the company in 5 years, Thompson responded, ?We anticipate employing over 600 collections personnel, and will position ourselves in the top 5 percent of all collection agencies in the United States.? When questioned about the country?s uncertain economic outlook and job market, Thompson explained, ?The credit and collections industry provides growth opportunities for our company almost in spite of economic conditions.?

Enhanced Recovery currently employs about 80 people in the Jacksonville area. Its other locations put the total employee count at around 120. If the company?s annual growth continues at its current rate, Thompson?s vision could very easily come to fruition.

Started in 1999, Enhanced Recovery was conceived to fill a need in the collection industry, according to Thompson. With their ?employee first? mentality, the company?s management team wanted to create an atmosphere where workers could thrive and make an impact on the bottom line. Ultimately, the beneficiaries of this mentality will be Enhanced Recovery?s clients.