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Collections

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Overview of Services
»  Loan and Lease Servicing
»  Lease-End Remarketing
»  Collections
»  Repossession and Remarketing
»  Back-Up Servicing
»  Training

DO YOU NEED THIRD-PARTY SERVICING? Call 1-888-982-9800 or click here to contact CenterOne Sales
S&P Strong Servicer Rating Includes Collection Results: CenterOne has a highly experienced management team, strong internal controls and risk management environment, high levels of automation, thorough policies and procedures, excellent training regimen, demonstrated default and asset management and successful execution of strategic business initiatives.
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Collections Solutions Built on Market Experience

CenterOne will help you mitigate loss and maximize collected funds. With our sophisticated collections tools and well-trained associates, we will reduce your portfolio risk while offering the best possible customer experience.

Our client-centric collections services – while deployed as part of a comprehensive full-servicing arrangement – may also be used as a stand-alone service. CenterOne has market experience in early-stage (0-60 days of delinquency) and late-stage (45-90 days of delinquency) standalone collections activities.

Collections Services At-A-Glance
  • Client-Branded Collections
  • Deficiency Balance Collections
  • End-of-Lease Term Collections
  • Skip Tracing
  • Bankruptcy Management
  • Champion/Challenger Testing
Learn about our efficient collections policies in:
The CenterOne Process

Step 1 - Understanding portfolio risk characteristics
  • Type - Loan, lease, other
  • Scores - Bureau, custom
  • Identify High Risk
  • Deal Structure – Term, advance, payment to income
  • New vs. used
Step 2 - Develop collection strategy
  • Risk Tiers – Origination scores, collection scores
  • Letter Generation – When and how often
  • Call Campaigns – When to begin, hours of operation
  • Champion/Challenger Strategies
  • High Risk Units
Step 3 - Reporting and refinement
  • Online and "pushed" reporting
  • Weekly client discussions with experienced collections management teams
  • Ongoing monitoring and training to ensure compliance with your standards
  • Alignment of strategies with your internal collections team, if portfolio is shared

CenterOne Collections associates are continuously updated on industry trends, maximizing the proper use of collections tools and fully complying with state and federal laws.

Contact us for a custom presentation on how CenterOne’s collections expertise can work for you.




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