Cornerstone steps that we implement and initiate in recovering assets:
- Evaluation to determine if the asset is worth the effort and cost.
- To recover the asset as fast as possible.
- To recover the asset at the lowest possible cost.
- To minimize the costs from recovery location to the point of sale.
Smart Repo Systems™ Corporation has excellent relationships with the best bailiffs in Canada. There are numerous bailiff companies providing services in Canada, however not all are equal, their billing schedules are all over the map and services varies from poor to excellent.
All of the bailiffs we work with in Canada are well established, customer service oriented, offer very competitive rates and most importantly they are very good at what they do. The factors we use to determine if money should be spent on a file is the date of the contract, the year, make and model of the vehicle and the location of where the asset is located.
We do not go on wild goose chases only to have an invoice for our client for an asset that we could not recover or a vehicle that is worth less than the cost of recovery. We work on each asset on a case by case basis, before we start incurring any costs we will give you our evaluation to determine whether or not you want to pursue its recovery. If you decide not to recover the asset after seeing our evaluation, then there is minimal charge for our service and the file is closed.
If the asset is determined to be recoverable and the potential sale price will exceed the cost of recovery then our bailiffs will make every effort to retrieve the asset as soon as possible.
Smart Repo Systems™ Corporation Commitment
Smart Repo Systems™ Corporation provides the World’s Best and only Cloud Based Turn Key Repossession Software System and Services.
Smart Repo Systems™ Corporation has been managing and executing all types of repossession assignments for financial institutions since 2006. We have managed the world’s largest bank’s repossession portfolio and every type of financial institution in-between.
Since our inception we have been developing the world’s most advanced repossession software programs in order to expedite all aspects of the repossession process to reduce the time and costs as well as to make all communications between lenders and subcontractors paperless, immediate and seamless.
Our Hosted Repo Software Programs and Services enables Banks, Credit Unions, Online and Sub Prime Lenders and Dealerships to run their own repo department at a fraction of the cost that it has in the past. Without having to rely on third party repossession providers our clients are saving up to 90% by eliminating the commissions paid out to these suppliers.
We manage all of the IT requirements of your own Company Branded Cloud Based Domain on our servers so you will not have to worry about system or data availability, security, backups or upgrades, we manage it for you. With Smart Repo Systems™ you simply log in, access your files and go to work 24/7 from anywhere, with any device or search engine.
We love helping our clients save their money, we guarantee that you will be completely satisfied with our systems and programs.
— Team SmartRepo