Legal analysis: the collection company is legal. The collection company is a party to the factoring contract stipulated in the Civil Code, and it is legal for the factor to provide services such as collection and account management.

Legal basis: Article 761 of the Civil Law of People's Republic of China (PRC), a factoring contract refers to a contract in which creditors of accounts receivable transfer existing or part of accounts receivable to a factor, and the factor provides services such as financing, accounts receivable management or collection and payment guarantee for debtors of accounts receivable.