Asset Recovery Management™
- Credit Unions
- Auto Dealers
- Banks
- Finance Companies
- Mortgage Servicers
- Community
Recover more delinquent collateral without adding complexity to your internal operations. Asset Recovery Management from Allied Solutions helps financial institutions manage vehicle collateral from location and repossession through remarketing, liquidation, and applicable insurance claims.
Allied combines nationwide scale, extensive recovery and auction networks, integrated skip and License Plate Recognition (LPR) services, and data-driven remarketing to recover more collateral and reduce charge-off balances. 80% of assets placed with Allied are recovered or resolved within 90 days. Throughout the process, your team maintains visibility through CenterPoint®, with detailed reporting and analytics to help you track repossession and remarketing activity.
Who Needs Asset Recovery Management?
Asset Recovery Management is designed for financial institutions looking to improve recoveries while reducing the resources required to manage delinquent vehicle collateral.
It may be a fit if your institution is:
- Managing growing repossession volume or delinquent auto loans
- Coordinating multiple repossession, skip, auction, or remarketing providers
- Looking to improve collateral location and recovery rates
- Seeking greater visibility, reporting, and consistency across the recovery process
- Working to strengthen compliance and reduce operational risk as accounts move through repossession and remarketing
Why Choose Allied for Asset Recovery Management
Proven recovery performance
80% of assets placed with Allied are recovered or resolved within 90 days, helping financial institutions move delinquent collateral toward resolution and recovery.
Nationwide scale that strengthens your recovery strategy
Allied ranks among the top 10 of all lenders in repossession volume. Our aggregated nationwide volume supports strong recovery provider relationships and helps financial institutions benefit from scale without having to build and manage that network internally.
Extensive recovery and remarketing reach
Access more than 1,800 repossession agents, 260 auction partners, 8 forwarding partners, and staging with 4 LPR partners. This network gives Allied multiple resources for locating, recovering, and remarketing delinquent collateral.
More recovery resources built into each assignment
Skip services and LPR are included on every repossession. Where applicable, Allied can also integrate skip, CPI, and damage claim filing to help identify additional opportunities to recover dollars throughout the process.
Greater control, compliance, and visibility
Enhanced compliance, a standardized audit trail, and indemnification help financial institutions manage risk throughout repossession and remarketing. CenterPoint® provides detailed reporting and analytics for greater line of sight into recovery activity and results.
Technology that connects the recovery process
Integrations with RDN, AutoIMS, and Akuvo help connect key recovery and remarketing workflows. Allied also uses data-driven decisioning to determine the appropriate auction and balance maximum return value with days-to-sale.
Related Solutions
Mitigate losses associated with uninsured loan collateral through our robust insurance tracking system.
Learn More