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March 15, 1998 |
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Ethan & Associates opens for business. Founded by Chet Hingle and is the only
employee. |
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February 1, 1999 |
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Company hires it's first full time proven sales executive. His role is to
aquire, maintain and develop new clientel. |
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March 1, 1999 |
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Company exceeds it's first year sales projections by 168%. |
| January 1, 2000 |
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Company is hired by Reed Business Information in Sutton, England to collect on
their behalf. They are part of the worlds largest provider of information and
launches Ethan & Associates into position to be hired by publishing companies
worldwide. This positions Ethan & Associates to an even greater force inthe
commercial collections industry. |
| June 1, 2000 |
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Company joins American Collectors Association. The ACA is instrumental is
providing compliance information. Additionally, the ACA partners us up with
vendors who provide much needed services to us such as E&O and Bonding
insurance. Their memebership criiteria requires we abide by both legal and
ethical laws of practice. |
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October 1, 2001 |
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Office moves locations, increasing from 120 to 1450 square foot of office space.
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March 1, 2002 |
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Company hires it's first full time proven collections executive. Employees total
5 |
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June 1, 2002 |
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Company hires its first full time office manager. |
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September 1, 2002 |
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Company is hired by LWCC to collect on their behalf. LWCC is the second largest
provider of workmanscomp insurance int hestate of Louisiana. |
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April 1, 2003 |
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Company implements document imagining system. This allows the company to better
manage all documents in a much needed client service industry. |
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August 1, 2003 |
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Company launches its first client interactive website. Clients can now place
accounts and manage their relationship with Ethan & Associates on line. |
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September 1, 2003 |
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Company is hired by Labor Finders to collect their debt. |
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February 1, 2004 |
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Company is hired by Toyota to collect their debt. |
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June 1, 2004 |
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Telephone, computer and other systems have a major upgrade to accommodate a
growing staff of 8 |
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October 1, 2004 |
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Company is hired by RBI Construction, part of the Elsevier company, the worlds
largest provider of information |
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May 1, 2005 |
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Company is hired by Cintas Uniform tocollect it's debt. |
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August 1, 2005 |
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Company purchases DebtCon, a new state of the art software to manage all aspects
of the collection process. |
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March 1, 2005 |
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Company staffs its first Legal Department. Now clients options are not just
limited to collections. |
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August 1, 2006 |
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Brian Laiche joins Ethan & Associates as its Chief Operations Officer. Brian a
14 year veteran of the collections industry. He began his tenure with Milliken &
Michaels as an entry-level representative and over the years, rose to the
position as Vice President of Operations its NCO Financial which he held for
over 2 years. He is a great asset to Ethan & Associates. |
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August 1, 2006 |
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Frederick Casey joins Ethan & Associates as V.P. of Sales. Frederick began his
career in the commercial collection industry in 2002 as an entry-level sales
representative at Vericore. Shortly after his start he became the company’s
highest producing account representative. Ethan & Associates has never been
stronger in it's ability to market and apply its services. |
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October 1, 2006 |
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Company launches a major expansion of it's operations, moving corporate
headquarters requiring an increase of office space from 1450 to over 4000 square
foot. |
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January 1, 2007 |
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Company graduates it first class of sales recruits and elevates them to Account
Managers. |
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March 1, 2007 |
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Company is hired by Cessna Aircraft Company to collect on their behalf. Cessan
is one of the largest and most successful manufacturors of aircraft in aviation
history. |
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May 1, 2007 |
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Company creates first time industry "Clients Sales Department". Agencies around
the country begin to follow this lead, changing the way they market their own business. |
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July 1, 2007 |
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Company achieves a record sales month of over $1,001,400.00 |
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August 1, 2007 |
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Company achieves a record $136,000.00 gross monthly revenue and an average yield
over 16% |
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October 1, 2007 |
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Sales staff increses to 15 associates. |
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February 1, 2008 |
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State of the art phone call recording equipment is installed. |
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April 1, 2008 |
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Collections staff increases to 8. This gives plenty attentions to debtors,
maximizing collection oppurtunity. |
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May 1,2008 |
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Company achieves record sales month exceeding $2 million. |
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June 1, 2008 |
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Company achieved record revenue month of over $200 thousand. |
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July 1, 2008 |
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Company partners with Experian Credit reporting |
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August 1, 2008 |
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Company institutes weekly remittance. Now clients receive their money faster
than any agency can provide. |