How Much Did Receivable Management Raise?
Funding & Key Investors

Receivable Management Corporation has secured $350K in total capital, with its most recent funding round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position in the commercial debt collection sector and its ongoing growth trajectory.

What is Receivable Management?

Receivable Management
Business ServicesDebt Collection

Receivable Management Corporation, established in 1990, operates as a commercial collection agency focused on B2B collections. The company employs a contingency-based model, meaning clients incur no costs unless collections are successfully achieved. RMC leverages its extensive experience in credit and financial management to serve industry leaders nationwide, aiming to maximize collection results while maintaining high standards of customer service. Their operational model is designed to be cost-effective for clients, aligning the agency's success with that of its customers.

How much funding has Receivable Management raised?

Receivable Management has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Receivable Management

PPP

Public-Private Partnership

What's next for Receivable Management?

The substantial large-scale late-stage funding indicates Receivable Management Corporation is poised for significant expansion and strategic initiatives. This capital infusion is likely to be directed towards enhancing operational capabilities, expanding market reach, and potentially exploring new service offerings within the commercial debt recovery space. The company's focus on B2B collections and its contingency-based model position it for continued success in maximizing client returns and solidifying its market leadership.

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Frequently Asked Questions Regarding Receivable Management Financial Insights

What are the most recent funding rounds that Receivable Management has completed, and what were the funding rounds?
Receivable Management has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Receivable Management has raised to date?
Receivable Management has raised a total of $350K in funding to date.
How many funding rounds has Receivable Management completed?
Receivable Management has completed 1 funding rounds.
How much funding did Receivable Management raise in its most recent funding round?
Receivable Management raised $350K in its most recent funding round.
Who are the lead investors in Receivable Management's latest funding round?
The lead investor in Receivable Management's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Receivable Management's history?
The largest funding round in Receivable Management's history was $350K.
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