Penncro Associates is one of the largest and most diversified outsource providers in the accounts receivable industry. The company was founded in October of 1982 in Bucks County, Pa. Its Southampton, Pa., office serves as its corporate headquarters and is home to its principals, as well as risk management, compliance/quality, business development and information technology departments. Penncro services a variety of industries in the accounts receivables business, including banking, utilities, telecommunications, finance, mortgages, retail, commercial, tax, oil and student loans.