MVTRAC
More than 70% of the Auto Finance Industry, including captives, lenders and credit unions nationwide, rely on MVTRAC and our Intelligent Data Network™ to minimize time, resources and asset depreciation and maximize portfolio profitability.
Here’s how financial institutions maximize resources and asset value with MVTRAC:
- Lenders submit individual orders or entire portfolios for asset location online through our secure Web interface.
- The asset data is disseminated to our worldwide network of certified field agents utilizing our Automatic License Plate Recognition (ALPR) systems, and our thousands of static and mobile camera units worldwide.
- When a field agent locates missing collateral, validation and documentation is immediately obtained (through network laptops and printers installed in the recovery vehicles).
- The vehicle is securely and compliantly recovered and brought to storage. The asset is fully inspected and a condition report prepared for the lender to confirm next steps for return or remarket. Many of our clients then utilize our MVRemarket services to quickly move the asset through auction and receive the highest value possible.
- Our secure, encrypted network tracks and records all these efforts in real-time, which lenders monitor through detailed activity, condition and payout reports.
Since 1990, we have recovered more than 3.4 billion in assets for lenders worldwide, and set a new standard of professionalism and results for the asset recovery marketplace. Start maximizing your ROI today, with MVTRAC and our Intelligent Data Network™.
Learn more about our camera kits hereContact MVTRAC for a free demonstration