NewswireToday - /newswire/ -
Centennial, CO, United States, 2008/07/29 - Access Capital Investment Group (ACIG) recently acquired a $34 million auto loan portfolio and has chosen Peak5 to service and collect on the new loans.
“We chose Peak5 to service this portfolio because they provide superior back end collection processes and technology, “states Jeff Hutcheson, CEO of ACIG. “We are confident that placing our portfolio in the hands of Peak5 will yield a high rate of return.”
Peak5 provides a complete line of servicing solutions including payment processing, customer service, collections, remarketing, and reporting.
“Clients choose Peak5 to service their auto portfolios because we offer high quality secured portfolio management services,” comments Kevin Barry, CEO of Peak5. “Peak5 delivers experienced resources, alliances with industry professionals, a strong infrastructure and servicing process that results in a more cost effective solution.”
Over the course of three years, ACIG successfully facilitated over $1.5 billion in portfolio sales and acquisitions among hundreds of financial institutions across the country. ACIG stands strong with an established market of buyers, sellers, and unique liquidity strategies to assist financial institutions of all sizes to better manage their auto portfolios. To learn more about ACIG, call (866) 991-5885.
Headquartered in Centennial, CO and currently employing over 350 talented associates, Peak5 (peak5.com) provides flexible and dynamic third-party solutions for the automotive, health care, and credit card industries including loan servicing, collections, payment processing, and remarketing. Industry experience, coupled with state-of-the-art technology, credit and behavioral scoring models, portfolio reporting methods, and other client tools deliver the leadership and support clients desire for the management of their consumer loan portfolios.