We provide services to lenders to greatly improve their bottom line through efficient, professional,

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We provide services to lenders to greatly improve their bottom line through efficient, professional,

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We provide services to lenders to greatly improve their ... Collections. Secured storage ... quickly allowing your company to reinvest in new borrowers. ... – PowerPoint PPT presentation

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Title: We provide services to lenders to greatly improve their bottom line through efficient, professional,


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We provide services to lenders to greatly improve
their bottom line through efficient,
professional, and innovative recovery and
remarketing solutions.
American Recovery Association
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Our national association prides itself on the
high levels of professionalism of our respective
members.
Our mission is to provide lenders with
repossession and related services through members
exhibiting the highest caliber of
professionalism, honesty, integrity, and
expertise.
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Current Membership
  • 280 members with 488 offices
  • Serving 27,000 cities worldwide
  • On average, each member has over 10 years
    experience
  • 68 average recovery success rate

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Why ARA?
  • Certification
  • ARA members are all certified professionals.
  • Bonded Insured
  • ARA has a 5,000,000 client protection bond
    available only to its members which is the
    highest amount of protection offered by any
    recovery organization.
  • Reputation
  • ARA sets high standards for applicants seeking
    membership. By maintaining these standards,
    clients may be assured ARA members are
    professionals, dedicated to giving the ultimate
    in recovery services.

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Services
  • Repossessions
  • Investigations/skip tracing
  • Collateral liquidation
  • Auctions/dealer and public
  • Collateral transportation
  • Collections
  • Secured storage
  • Process service

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Our free revolutionary software improves
efficiency and processes related to the recovery
of your collateral .
  • Place Assignments online with Free Interactive
    Software
  • Choose from different Recovery Agents and
    Companies in your area.
  • Track the progress and receive updates online.

Powered by
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Quick Search Functions
Search by last name
Search by recovery specialists account number
Search by last six of the VIN
Search by lenders account number
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Click to assign to this agent
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Close w/ agent and reassign
Add another agent
Select to see all updates
Select to request update from recovery
specialist
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Collateral Recovery Report
Status of the account
Storage location
Number of days ago
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Detailed Condition Reports
Reports can be accessed online or via email
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Reaching a global market ensures highest return
on remarketed collateral.
  • Liquidate your collateral to a larger market
  • Higher return on your remarketed vehicle
  • Numerous facilities reduce transportation costs
  • Very low remarketing costs

Powered by
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What is VB2?
  • VB2 is a revolutionary auction methodology
    combining two powerful bidding processes.
  • Preliminary Bidding Pre-auction competitive
    open bidding format.
  • Virtual Auction Internetonly live auction
    hosted on VB2 web servers.

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Online Marketing
  • Buyer Profile
  • Engine Start Program
  • Run Drive Verification
  • Protection Prep Services

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Virtual Internet Auto Auction
Powered by
Auto Auction
Selling greater than 5,000 vehicles per day
Proven Performance on Repos 6 Years Old and
Older Over 110,000 Registered Buyers Over
21,762 International Buyers Representing 58
Countries 52 of Vehicles Sold to Out of State
Buyers 26 of Vehicles Sold to International
Buyers
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Global Buyer Base Global Bidding Higher
Results!
1 out of every 4 cars (26) are sold to
international buyers
More than 110,000 registered buyers representing
58 countries
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Reduced Transportation Costs ARA Members are
located in close proximity to Copart Auto
Auction Facilities.
Copart Auto Auction Locations
ARA Members
Members
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Preliminary Bidding Selling over 5,000 vehicles
per day

Pre-bidding drives a higher return on your
collateral
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Virtual Auctions
Patent pending virtual auction software creates
highly competitive marketplace to increase the
number of bids
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ARAs complete solution will recover and remarket
defaulted collateral quickly allowing your
company to reinvest in new borrowers.
  • Recovering collateral is key to improving
    profitability.
  • Remarketing to a global audience ensures the
    highest return on liquidated collateral.
  • Experienced, professional, and bonded members
    serving 27,000 cities worldwide.

Powered by
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Bank pays Repo / ARA member if redeemed
Bank (1)
RDN (2)
Repo / ARA Member
Assignment
Assignment
Notification of Assignment to Copart (3)
Copart
Delivers Car (4)
Copart Pays proceeds of sale
Copart pays Repo / ARA Member all fees
Bank sends title directly to Copart for sale
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  • Thank you!
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