Business Details
50+ Years
experience
Your Trusted Commercial Debt Collection Partner in Redmond, WA
Since 1966, Industrial Credit Service has been a family-owned leader in commercial debt collection, dedicated to delivering exceptional results through expertise, professionalism, and innovative techniques. Our proven track record spans decades, built on a foundation of personalized service and a deep understanding of the credit and collections industry. We specialize in business-to-business debt recovery, offering tailored solutions for small to large enterprises while maintaining compliance with evolving regulations and technology. Our team of seasoned professionals prioritizes client relationships, ensuring transparent communication and ethical practices. With offices in Washington and Oregon, we provide nationwide and international services, including 10-day free demand options, immediate placement, and post-judgment enforcement.Our leadership, including President Neal Henning and CEO Wanda Henning, brings decades of industry experience and community involvement, reinforcing our commitment to excellence. We pride ourselves on being a trusted partner for accounts receivable management, offering no-fee collections when recovery fails. Through continuous education and technological advancements, we deliver reliable, client-focused solutions that maximize returns and uphold our reputation as a premier collection agency.
Services
10-Day Free Demand
Immediate Placement
Contractors Bond Recovery
Accounts Receivable Outsourcing
Online Client Portal
Post-Judgment Enforcement
Details
- Year established: 1966
Highlights and features
- We offer over 50 years of proven experience in commercial debt recovery.
- Our team provides personalized solutions tailored to each client's needs.
- We operate with a no-collection, no-fee guarantee for client confidence.
- Our services include nationwide and international debt collection capabilities.
- Leadership includes industry-recognized professionals with decades of expertise.
Services
10-Day Free Demand
This service initiates debt recovery with no fees if paid within 10 days. If unpaid, collection actions continue on day 11. Ideal for businesses seeking cost-effective initial collection attempts while preserving client relationships.
Immediate Placement
Starts collection immediately upon account submission. Charges apply only on recovered funds. Best for businesses prioritizing swift debt resolution without upfront costs, leveraging expert negotiators for maximum returns.
Contractors Bond Recovery
Specialized recovery for Washington State contractors' bond claims. Requires $250 court fee upfront. Fees range from 15% (no court) to 35% (court involvement), addressing legal complexities while maximizing debt recovery.
Accounts Receivable Outsourcing
Full-service accounts receivable management, including reporting and payment processing. Streamlines cash flow for businesses by outsourcing collections while maintaining compliance and transparency through dedicated client portals.
Post-Judgment Enforcement
Enforces court judgments through asset seizures and legal actions. Combines legal expertise with persistent follow-up to collect overdue debts, ensuring compliance with state and federal regulations during enforcement.
People
Neal Henning
President
Neal Henning, President, brings decades of credit industry experience, former board member of Oregon and California Collection Associations, and community leadership in service organizations.
Wanda Henning
CEO
Wanda Henning, CEO, recognized as a top influencer in collections, specializes in regulatory compliance and technology integration, with leadership roles in ACA International and Oregon Collectors Association.
Questions
What services does Industrial Credit Service offer?
We offer 10-day free demand, immediate placement, contractors bond recovery, accounts receivable outsourcing, and post-judgment enforcement for commercial debt collection.
How does the 10-day free demand work?
We send a demand letter with no fee if paid within 10 days. If unpaid, collection actions continue on day 11 with standard fees applied.
Do you charge fees if no debt is collected?
No, we operate on a no-collection, no-fee basis for most services, ensuring risk-free debt recovery attempts for clients.
Can you handle international debt collection?
Yes, we provide nationwide and international commercial debt collection services through our network of partners and legal resources.
What payment methods do you accept?
We accept payments via check, money orders, and electronic transfers, with fees applied only on successfully recovered funds.
How can I track my account status?
Our online QwikClient portal allows 24/7 access to track open accounts, submit documentation, and view payment histories at no extra cost.
