If your Financial Institution is in a business scenario where you require expert help to service automotive loans, Alamo Financial is your solution.
We charge 4% to 12% of what we collect based on the factors above. Plus, a one time 1%-2% origination fee on the principal balance. These fees can be paid over time.
Alamo Financial is qualified to handle your collection services needs as a turnkey solution. Here are some additional benefits for considering our services for your business.
- Alamo Financial has been in business with a proven collection process since 2001
- We conduct an initial compliance review of all accounts
- We offer Bi-Lingual customer service support
- Alamo Financial will purchase accounts or will facilitate and coordinate a sale to another buyer (if desired) to help maximize the portfolio value
We practice full transparency, which includes:
- Tracking all portfolio activity (available 24/7)
- Complete pay histories (available 24/7)
- Full and complete documentation for each account
- Insurance tracking
- Maintaining GPS accounts
- Credit reporting to bureaus
- Offer comparison to other portfolios with static pools
Our process results in fewer charge-offs