Coface Collections’ C.A.R.E. Program Posts 400 percent Revenue Growth

New Orleans, La. – Coface Collections North America, Inc. (CCNA) reported impressive 2010 revenue gains for its C.A.R.E. program. C.A.R.E., Coface Accounts Receivable Express, posted a 400 percent revenue increase over 2009 results.

C.A.R.E is an online tool developed by CCNA that enables clients to obtain debt recovery assistance early in the delinquency stage. It is a cost-effective solution for clients, with fees averaging less than five percent of the amount collected.

“The company launched C.A.R.E. three years ago in response to growing client demands in a challenging economic environment,” said Mark Lackey, Director of Strategic Sales at CCNA. “The program was and continues to be a success because of its ability to generate quick results while fitting seamlessly into a client’s in-house receivables management process.”