The Service
Lendisoft will take total control of your accounts receivable and employ the industry's best collection efforts and customer service to maximize payments coming in the door.
White-Labeled
We operate under your brand with a complete understanding of your products and values.
Risk Management
Predictive analytics enables a surgical approach through the use of risk-based strategies.
Performance Driven
We do skill-based assignments so the toughest accounts are always serviced by our best.
The Problem
Getting your own in-house collection and asset recovery operations up to speed can be costly and risky--you may be opening yourself to regulatory repercussions without the necessary staff, experience, compliance, and technology.
The Solution
Leverage the resources of our experienced team, technology, and compliance controls to maximize collections and minimize losses. Our delinquency workflow process maximizes your returns by deploying risk-based strategies at an account level.
Front-End Collections
Easily manage user roles and permissions, ensuring each team member has the appropriate access to tools and data needed for their specific tasks.
Back-End Collections
Team covers accounts in deeper stages of delinquency with the primary goal of mitigating events like repo & charge off.
Asset Recovery
Robust recovery protocol helps you recover and liquidate assets through vast network of forwarders and auctions.
Deficiency Collections
In-depth skip-tracing and use of proprietary deficiency collection strategies as well as legal and settlement initiatives.
The Result
This subprime auto portfolio adopted our collection and asset recovery services after years of pain with an industry leading servicer.
37%
Percentage of reduction in agents and staff with the use of automation.
35%
Percentage increase of average monthly payments collected.
70%
Percentage decrease if delinquency on average 30+ days due accounts.
Final Steps
Your success is our success. We have developed an extensive onboarding process that includes consulting and operational procedures that we employ internally for your lending institution.
