A Legacy of Innovation in Asset Recovery
Pioneering compliant, data-driven vehicle recovery since 1990.
From Foundational LPR to the Tri-Brand: The MVTRAC Story.
MVTRAC stands on a foundation of decades of progressive leadership, innovation, and technological firsts in vehicle recovery. Our history is a testament to our commitment to driving efficiency and compliance through data-driven, automated solutions.
Pioneering the Future of Asset Recovery
The journey began in 1990 with the founding of a modern repossession agency called MVConnect, from which MVTRAC strategically emerged as the automated answer to the traditionally manual field of asset recovery.
MVTRAC set out a goal to be the leader as a License Plate Recognition (LPR) technology pioneer. By 2008, MVTRAC officially launched its LPR platform, setting new standards in data accuracy, historical analytics, and automated recovery workflows. The MVTRAC team focused intensely on implementing LPR technology to transform how collateral was located and proudly established MVTRAC as one of the largest LPR providers to the repossession industry, setting the industry standard for data-driven recovery and lender loss mitigation.
Evolution and Continued Growth
Over decades of continuous development, MVTRAC has remained focused on leveraging an extensive LPR database, proprietary analytics, and a highly vetted national agent network. The organization captures hundreds of millions of data points each month and applies this intelligence to support both fintech innovators and established lenders.
Today, MVTRAC stands as a leader in asset recovery, using precision data, automated routing, and compliance-driven workflows to connect lenders with top-performing agents. Agents benefit from expanded assignment opportunities, streamlined processes, and technology that enhances accuracy, speed, and profitability.
Lender Focused Solutions at its Core
MVTRAC delivers proprietary lender solutions for vehicle recovery, utilizing Smart Assign, our system that leverages historical LPR data and advanced analytics to instantly connect recovery efforts with the most qualified nationwide agent. We ensure efficient recoveries with leading compliance and complete transparency, helping auto finance leaders minimize charge-offs and boost operational efficiency.
Agent Solutions Maximize Assignments and Safe Recovery
MVTRAC offers premier agent solutions, providing access to a high volume of validated assignments and LPR leading technology to expedite compliant recoveries and boost revenue. Our system includes Case Claim, which automates the repossession process to eliminate agent downtime, enabling accurate repossessions and maximizing operational simplicity. Agents access industry-leading insights and support to successfully locate vehicles faster, increasing both assignments and profitability.
The Unified Tri-Brand Ecosystem
Most recently, MVTRAC became the automated forwarding engine of a powerful, unified ecosystem with two other established experts in their fields, DRN and Secure Collateral Management (SCM). This partnership is designed for maximum efficiency. The tri-brand solution provides comprehensive coverage and specialized services:
- MVTRAC: Fast, compliant recoveries for lenders and agents.
- DRN: Provides cutting-edge data and analytics to enhance location accuracy.
- SCM: Delivers expert skip tracing services for complex, hard-to-find collateral.
This integrated approach ensures our partners get the most complete, technology-backed asset recovery strategy available in the market.
Faster, Smarter Recovery: MVTRAC's Performance Advantage
MVTRAC is continuously leveraging the power of integrated data, advanced LPR technology, and proprietary automations to not only maintain but elevate the standard for faster, more transparent, and reliably compliant vehicle recovery for both lenders and our agents. The future will see MVTRAC further innovating its solutions to deliver even greater efficiency, faster resolution times, and robust protection against portfolio risk in a rapidly evolving market.