LocateRepos.com is an innovative internet tool devised to assist in the repossession of collateral. In today's economy, financiers at all levels of the lending industry are in need of reliable, responsive, and professional collateral recovery.
LocateRepos.com connects Finance Institutions with Professional Recovery Specialists pre-qualified to recover collateral nationwide. The capability of our state-of-the-art website multiplies the number of recovery opportunities by reducing time and cost, in turn improving the results of successful, problem-free repossessions.
Collateral information is simply entered into LocateRepos.com by the principal lien holder. Our internet database lists and sorts the recovery requests, specifically pinpointing pertinent location information on a regional satellite map powered by Google. LocateRepos.com red flags the last known address or specified information and clearly displays the collateral address, description, and tag information.
Recovery Specialists are qualified and classified by their credentials, including proof and amount of bond and insurance, background checks, referrals and a performance rating from LocateRepos.com. They are then classified by a tier system that approves them to view the repossessions they are qualified to recover. Upon access approval, Recovery Specialists are instantly linked to a detailed, simply navigable, satellite mapping system directing them to limitless desired recoveries by entering any nationwide zip code.
LocateRepos.com will improve the economic bottom line for both the Finance Institution and the Recovery Specialist by translating our state-of-the-art system into fast results.
There is an easier way for you to track and recover collateral that is ready to be liquidated to capital. LocateRepos.com produces results by multiplying your collateral exposure to several professional recovery specialists in a given area.
LocateRepos.com links Lien holders of all types of collateral to prequalify professional recovery agents throughout the nation. Once the Lien holder enters a few details of collateral information into our system, the search begins. Our system allows you to add updated notes to your debtors' account to be shared with the recovery agent to accelerate the process. The agent can also utilize the note section to record his recounts on this recovery to be shared with you as well.
LocateRepos.com will qualify each Recovery Specialist that applies to acquire leads from our site. It is imperative to us that licensing and bond information be verified upon their application and renewal, according to the governing laws of that state. We have slated a flat fee for recovery completion to control the costs that affect your bottom line.
LocateRepos.com has developed a system that can provide you and your agents with multiple lender recovery orders for any given area you may be going. This tool will increase your recovery rate per trip, in turn, lowering your cost per recovery. The simple entry of a United States zip code will present you multiple opportunities in any area you may be going.
LocateRepos.com organizes your tagged leads into a supportive Recovery List section, where you can easily manage all of the legal forms and documentation necessary to expedite all of the steps in your recovery process. All forms and documentation are instantly available to be viewed, printed and e-mailed with the collateral information filled in correctly and clearly legible.
At LocateRepos.com, we have created GOT IT! Instant Transmission Technology that will link you with the lien holder once the recovery is complete and the collateral is in your possession. This will notify the lender immediately that you will be contacting them for further instructions and payment processing.
With LocateRepos.com, you and your recovery agents can be more productive and organized. Your company can hit the road sooner, achieving more recoveries and increasing your bottom line.