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See why Resolvion was named the leader in heavy equipment repossesssion!
Lenders need a recovery partner that has both the capacity and national reach to handle the expected volume. Here's why Resolvion is the right partner for the challenge:
- Network of over 700 vetted, insured and monitored repossession agency partners
- Large staff of experienced investigators that are equipped with powerful data sources
- A compliance program that is second to none in the industry
- We are the only company utilize License Plate recognition technology to recovery commercial assets
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At Resolvion, we have a division that focuses exclusively on heavy equipment repossession of all shapes and sizes. We provide equipment lenders an "end-to-end" solution that includes locating the collateral, recovering it, and securely transporting it to its final destination.
Loan delinquincies expected to be higher than great recession
According to many economic research, delinquencies are expected to spike to levels even higher than the great recession. The graphic below depicts current delinquency rates from commercial banks by the federal reserve. Commercial lenders will need a nationwide repossession partner with the capacity to handle the increased volume from the recent pandemic.