MPEG-4 Part 11

The Future of Debt Collection is Here: EverWorth Launches to Recharacterize the B2B Collection Industry for Professional Services

Retrieved on: 
Wednesday, November 8, 2023

BROOKLYN, N.Y., Nov. 8, 2023 /PRNewswire/ -- People have been going into debt since the beginning of civilization. In his bestselling book "Debt: The First 5,000 Years" author and anthropologist David Graeber shares that the idea of someone being obligated to pay their debts is so powerful because - "it's not actually a statement about economics: it's a moral statement."

Key Points: 
  • Today, EverWorth launches with a modernized and inherently feminine approach, announcing its mission to help people feel financial relief by resolving their debts.
  • According to data from Statista , 17% of small and midsize businesses have outstanding debt that ranges between $100,000 and $250,000.
  • This number has risen considerably over the past few years; 85% of small businesses reported experiencing financial difficulties in 2022 alone.
  • Focusing on B2B Debt for Professional Services: Specifically Advertising & Marketing Agencies
    EverWorth has made a strategic decision to specialize in B2B debt for professional services… and, specifically, initially focusing on helping Advertising and Marketing agencies get paid.