What Accredited Collection Service does

Accredited Collection Service is a privately held, owner-operated debt collection agency headquartered in Omaha, Nebraska. The firm recovers delinquent accounts on behalf of creditors through three service lines: Core Collection (contingency-based recovery of charged-off or past-due consumer debt), Early Out Services (delivered via a long-standing partnership with Fast Track Outsourcing dating to 1997, focused on pre-charge-off client relations and soft collections), and Litigation Services (legal recovery through attorney-network or in-house counsel for accounts that cannot be resolved through traditional collection activity). The business is run by President Sheila Ware and CEO Michelle Krecklow, with a reported headcount of 11-50 employees.

The agency operates on a contingency-fee model, meaning revenue is realized only on successfully collected balances at contractually agreed commission rates, and creditors do not pay upfront retainers. Its client base is implied to be primarily regional and small-to-mid-market creditors across Nebraska and adjacent markets, though no named client logos are publicly disclosed. The agency holds BBB Outstanding Member status, an accreditation marker that functions as a reputational credential in the regulated collections industry. Service delivery is manual and labor-intensive: collectors work placed accounts through phone, letter, and payment-plan negotiation, with escalated accounts routed into the litigation track.

Operationally, the firm appears to be a stable, locally focused agency with no disclosed proprietary technology platform, no AI or automation tooling, and a static website dated 2005. The combination of long-tenured owner-management, a multi-decade partnership with Fast Track Outsourcing, and ongoing hiring of Collection Specialists suggests a steady-state operating posture rather than a growth or transformation phase. There is no evidence of geographic expansion, product diversification beyond the three core service lines, or technology investment that would alter the fundamental labor-intensive recovery model.

Name

Accredited Collection Service

Legal name

Accredited Collection Service, Inc.

Website

https://www.acsomaha.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Accredited Collection Service is a debt collection agency that offers collection and litigation services.

Ownership category

akta.pro rank

Product category

Debt Collection Services

NAICS

Collection Agencies (561440)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Third-Party Debt Collection Agencies (Consumer & Commercial) (BPAAAEAB)

akta.pro secondary industries

Specialty & Regulated Collections (Medical, Student Loan, Government, HOA) (BPAAAEAJ), Legal Collections Support (Pre-Lit, Litigation Admin, Judgment Recovery) (BPAAAEAH)

Keywords

• Debt collection services
• Accounts receivable management
• Debt recovery
• Litigation collections
• Early out collections

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Contingency-Based Collection Services: The company charges a contingency fee only upon successful collection of the debt. There are no upfront costs, hidden fees, or additional charges for legal accounts—Accredited Collection Service bears all litigation costs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Accredited Collection Service, Inc. is a contingency-based debt collection agency that recovers charged-off accounts for business clients through professional, diplomatic debtor negotiation, payment-in-full or payment-arrangement resolution, and litigation as a last resort. The firm also offers early out accounts receivable services to medical clients via its partnership with Fast Track Outsourcing, Inc., and absorbs all legal costs on accounts that proceed to litigation.

Product overview

Accredited Collection Service offers a unified debt collection service platform consisting of three interconnected offerings: core Collection Services providing contingency-based debt recovery through professional negotiation; Early Out Services for early-stage receivables management via partnership with Fast Track Outsourcing, Inc.; and Litigation Services as a last-resort legal recovery option. The company operates on a contingency fee model with no upfront costs to clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Collection Services Core contingency-based debt collection services for charged-off accounts, involving professional, diplomatic negotiation with debtors to achieve payment in full or negotiated payment arrangements on behalf of business clients.
• Litigation Services Legal collection services used as a last resort after exhausting standard collection efforts, with the agency covering all costs incurred on legal accounts on behalf of its business clients.
• Early Out Services Early intervention accounts receivable management services offered through the partnership with Fast Track Outsourcing, Inc., focused on collecting and servicing accounts receivables for medical clients while maintaining high-quality patient relations.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Fast Track Outsourcing, Inc.coreStrategic or Co-development Partner · 1 January 1997Fast Track Outsourcing, Inc. has been associated with Accredited Collection Service to provide early out services to medical clients since 1997. Fast Track Outsourcing takes pride in its ability to collect and service accounts receivables while maintaining the highest quality of patient relations. This partnership extends the company's capabilities in the healthcare collection segment.

Scale indicators1 record

Recent moves4 records

Expansion highlights1 record

Direct peers

• IC System: IC System is a privately held third-party debt collection agency serving consumer and commercial creditors with contingency-based services. Like ACS, it markets a relationship-driven, compliance-focused approach and handles both consumer and B2B receivables, making it a close comparable in size and service mix.
• ConServe: ConServe is a contingency-based collection agency with a strong focus on healthcare/medical receivables, mirroring ACS's healthcare vertical via Fast Track Outsourcing. Both firms emphasize patient-relationship preservation and early-out plus full-collection services on behalf of provider clients.
• Williams & Fudge: Williams & Fudge is a private, mid-sized third-party collection agency offering contingency-based recovery across consumer and institutional accounts. Its comparable size, contingency pricing, and emphasis on debtor diplomacy make it a structurally analogous peer to ACS.
• Coast Professional, Inc. Coast Professional is a privately held collection agency that recovers defaulted student loans, government receivables, and consumer accounts on a contingency basis. It is a comparable mid-sized competitor focused on third-party consumer debt recovery with compliance-heavy operations like ACS.
• Diversified Adjustment Service: Diversified Adjustment Service is a regional collection agency providing commercial and consumer third-party recovery. Its regional operating model and contingency-based offerings align closely with ACS's footprint and service approach.
• The CMI Group: The CMI Group is a privately held, mid-sized collection agency providing third-party recovery, early-out, and customer-care services with a healthcare and financial services focus. Its mid-market size and contingency model make it a strong direct comparable to ACS.
• State Collection Service: State Collection Service is a privately held, mid-sized third-party collection agency focused on healthcare receivables and first-party early-out servicing. Its healthcare-heavy mix and contingency offerings closely parallel ACS's medical vertical positioning.

Broad incumbents

• EOS Solutions (EOS): EOS Solutions is a large, global receivables management firm offering third-party debt collection, debt purchasing, and BPO services. Although much larger than ACS, it competes for the same creditor mandates and represents the scaled, full-service incumbent benchmark in the space.
• Convergent Outsourcing: Convergent Outsourcing is a large third-party collection agency operating across consumer, telecom, and healthcare receivables. It directly competes with ACS for healthcare provider accounts but at significantly greater scale and with broader geographic coverage.
• PRA Group (PRA): PRA Group is a major debt buyer and purchaser of charged-off consumer receivables. While it operates a different model (portfolio acquisition rather than contingency-only agency work), it competes for the same underlying creditor relationships and dictates market pricing ACS faces.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Accredited Collection Service