LPR Powered Vehicle Recovery
MVTRAC uses advanced LPR technology that scans and identifies assets in real time, showing precise vehicle location data, dramatically reducing days to recover.
Trusted by fortune 500 data-driven companies.
Recovery You Can Rely On
By connecting real-time LPR data and geospatial intelligence directly to qualified local agents, MVTRAC eliminates guesswork to accelerate assignments and significantly reduce days-to-recovery.
Extensive Reach
Our network of 600+ affiliates present in 300+ small, mid-size and major U.S. markets provides 24/7 coverage of the country to find your vehicle fast. Those agents, constantly scanning, give MVTRAC a 99% scan density which ensures your days-to-recover are as low as possible.
Flexible Offerings
With active and passive repossession assignment options available, we ensure qualified agents recover vehicles in line with your processes. Smart Assign automates direct assignments to agents based on historical scan data and advanced analytics.
Efficient Recovery
Case Claim automates repossession processing, instantly verifying if a vehicle is still out for repossession. Advanced geographical suppression prevents unintended recoveries in disaster-affected or moratorium regions. This ensures safer recoveries and eliminates wrongful repossessions.
Compliance
Coordinate with external compliance programs (RISC, CCRS, RSIG, Eagle Group XX) to ensure agent certification. Our agents meet the highest pre-approval standards, enabling real-time vehicle recovery.
Management Simplicity
Fully integrated systems streamline and automate recoveries. Integrate with RDN, iRepo and others for seamless submission of your repossession orders without needing to adopt a new system.
Complete Transparency
Monitor your success with live status updates, custom and pre-built reports, agent scorecards and any other documentation you want at your fingertips. Our customer service teams are there to help you along the way making sure you get what you need for a positive resolution.
Frequently Asked Questions
How does MVTRAC use LPR data to pinpoint vehicle locations?
MVTRAC collects millions of license plate scans a month across a nationwide camera network. By cross-referencing live scans against historical sighting data, the system identifies high-probability locations to pinpoint where an asset can likely be recovered.
What is the reach of MVTRAC’s vehicle recovery network?
MVTRAC operates a 24/7 nationwide network of over 600 affiliates across more than 300 small, mid-size, and major U.S. markets. This creates a 99% scan density to locate collateral quickly and keep days-to-recover as low as possible.
What level of tracking and reporting is provided during the recovery process?
Lenders get complete operational transparency through real-time status updates, pre-built and custom reports, agent scorecards, and dedicated customer support teams.