SouthStar Capital, LLC · 17 hours ago
Senior Commercial Debt Collector
Mount Pleasant, SC
Full-time
Onsite
Senior Level
7+ years expSouthStar Capital, LLC is seeking an experienced and results-oriented Senior Commercial Debt Collector to join their team. This senior-level position is responsible for driving the recovery of delinquent, high-value commercial accounts and enforcing loan agreements to maximize recoveries. The successful candidate will play a critical role in safeguarding company assets and reducing credit losses through strategic collection efforts.
Financial ExchangesFinancial ServicesPersonal Finance
Responsibilities
Manage a portfolio of delinquent commercial accounts, including those backed by ABL facilities, with a focus on high-value and complex recoveries
Execute aggressive and persistent collection efforts, enforcing repayment obligations under loan agreements
Escalate accounts to litigation, receivership, foreclosure, or collateral liquidation when voluntary repayment cannot be secured
Review and analyze borrowing base certificates, collateral positions, covenant compliance, and financial performance to inform recovery strategies
Negotiate directly with borrowers, guarantors, and senior-level client representatives to secure repayment plans, settlements, or turnover of assets
Coordinate with internal stakeholders, including credit, risk management, and legal teams, to prepare accounts for enforcement actions
Act as an internal subject matter expert on ABL collections and collateral enforcement, advising on recovery approaches and asset disposition strategies
Maintain detailed documentation of all collection activities, enforcement steps, and recovery outcomes
Prepare reports for senior leadership summarizing recovery progress, enforcement actions, collateral risks, and projected cash inflows
Consistently meet or exceed assigned recovery targets and performance expectations
Qualification
Required
Minimum of 7–10 years of progressive experience in commercial debt collection or loan recovery, with direct involvement in ABL and Factoring backed lending facilities
Strong understanding of asset-based lending structures, borrowing base analysis, collateral monitoring, and UCC Article 9 enforcement
Proven success in recovering high-value, complex, and disputed accounts through aggressive negotiation and enforcement
Experience coordinating with legal counsel on litigation, receivership, or collateral liquidation strategies
Assertive, persistent, and results-driven with excellent conflict resolution skills
Strong written and verbal communication skills, including the ability to prepare precise enforcement documentation and executive-level reporting
Ability to work independently in a fast-paced, high-pressure environment while managing multiple accounts simultaneously
Proficiency in ERP/collections systems, legal documentation platforms, and financial analysis tools
Preferred
Bachelor's degree in finance, business, accounting, or related field preferred; equivalent professional experience will be considered
Benefits
Comprehensive benefits package including health, dental, vision, retirement plan, and paid time off.
Company
SouthStar Capital, LLC
SouthStar Capital is always present to meet your unique cash flow needs.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$7.04M2018-02-12Debt Financing· $0.2M
2014-01-23Series Unknown· $6.84M
2014-01-23Debt Financing
Leadership Team
Bernard Linney
Chief Executive Officer
Susan Linney
Chief Financial Officer
Recent News
2023-09-27
SEC
2023-01-19
SEC
2022-09-19
Company data provided by crunchbase