July Collections Set Van Ru Company Revenue Record

Park Ridge, IL ? Van Ru Credit Corporation closed the month of July with the highest net recoveries in the company?s 50-year history in debt collection.

Roger Rubin, company president and chief executive officer, said that Van Ru?s 2003 collections have been on an upward trend with July?s numbers surpassing the previous company record set in May of 2001. ?We are always focusing on new ways to enhance our productivity and make our operations more efficient, and we?re beginning to see these efforts really pay off for our company and for our customers.?

With the company celebrating its fiftieth anniversary on August 5, Mr. Rubin was especially excited about beginning the next 50 years of the company with such a strong record to beat. ?With these collection results, we?re starting a new era for our company and raising the bar even higher in all areas of the company. Despite a sluggish economy, this record-breaking month along with our 2003 year-to-date results portend significant increases in recoveries throughout this year and beyond,? Mr. Rubin added.

Key customers added to the company?s roster in 2003 indicate that Van Ru is being selected as a collection vendor based on its reputation for quality service and collection results. The company is committed to customer satisfaction, producing higher yields and investing in technology to improve service in all areas.

Van Ru Credit Corporation began as a small collection firm in Chicago in 1953 and today operates five collection offices nationwide, employing more than 1,100 debt collection and administrative professionals. The company is a leader in accounts receivable management. For more information, please call Ronda Blair at (800) 468-2678 or visit Van Ru online at July Collections Set Van Ru Company Revenue Record.