We put people first

Prairie River Capital is an accounts receivable and settlement company that was founded in 2010 by Jeffrey R. Niemala on the guiding principle of giving his customers ethical, honest service. In the subsequent decade, Prairie river Capital has remained in family ownership, and the guiding principle on which our company was founded still drives us.

Throughout the years, Prairie River Capital has been at the forefront of innovation in the accounts receivable recovery industry. Today, we remain on the cutting edge by following the latest regulatory and compliance standards (CFPB, TCPA, 501(r), etc.). We utilize state-of-the-art collection tools to preserve our reputation as one of the most secure collection agencies in the industry.

Headquartered in Grand Rapids, Minnesota, our  company’s purpose remains very much the same today as in 2010. We improve financial outcomes for consumers and our clients, and in carrying out that purpose, we pride ourselves in offering an ethical and honest solution. We train our representatives to use the most ethical and consumer-friendly practices, helping to maintain the relationship that you have built with your customers, while also providing our clients with the results they need. 

Quite simply, we strive to be the best, most trusted provider of receivables management and settlement services to consumers and creditors.

In the community

Prairie River Capital believes in making a difference in the community, both by setting an example and by doing our part to give back wherever possible. Our in-house charity committee includes employees dedicated to helping our community. Their primary function is to investigate and make decisions on the solicitation and distribution of funds donated by Prairie River Capital and its employees.

Just a few of Prairie River Capital’s charities include the Grace House homeless shelter, North Central Food Bank, Ronald McDonald House Charities, Special Olympics, Toys for Tots, and Baby Steps.


Prairie River Capital maintains a robust Compliance Risk Management System (CRMS) that includes extensive auditing, thorough documentation, and rigorous training. Our auditing process starts with an assessment and validation that all required policies exist, the policies are clearly documented, and that the staff is properly trained. Each policy is audited on a routine basis.


Security is a principal concern at our  company. 


  • PCI DSS Payment Card Industry Data Security Standard version 3.2
  • Health Insurance Portability & Accountability Act/HITECH Act (“”HIPAA/HITECH”)
  • Financial Services Modernization Act of 1999/Gramm-Leach-Bliley Act (“GLBA”)
  • Federal Trade Commission (FTC) Red Flags Rule (“Red Flags Rule”)
  • ISO 27002
  • And many more!



Our Team

Jeffrey Niemala


Problem solver and a people person. Strong background in both management and entrepreneurship.

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Marketing Coordinator

Work remotely and on your own schedule.

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Account Manager

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