Consumer Recovery Associates, a Virginia-based financial services business, announced today that the company recorded another year of record growth in 2010, doubling in size for the sixth straight year.
“CRA not only doubled our revenues in 2010, but we also doubled our number of employees and our profits as well,” said Kalin Scott, CRA president. “Because of our exceptional track record, we are now considered one of the fastest growing self-funded account receivable firms in the U.S.”
From its inception, CRA has had one record year after another. Founded by CEO James Fox in 2004, the company opened its first office in Virginia Beach that year and soon after opened a second location in Greenville, SC. In 2010, CRA added an additional 50 per cent in square footage to its location in South Carolina and hired 20 new employees in Greenville.
Scott attributes CRA’s growth to its hard working employees and CRA’s executive staff and partners. Together the executive team has more than 150 years experience in all areas of debt management, portfolio management and call center management.
CRA is a privately held company. Nationally licensed, bonded, and insured, the company takes pride in meeting and exceeding government standards in debt collection practices, credit reporting and privacy protection.
