Entering the Recovery space is a key pillar of our growth strategy. On August 1, 2020 ESC purchased the assets of Paragon Inc., a technology enabled firm that facilitates the co-ordination of asset recovery:
- Fully managed service across Canada and US: identification, retrieval and disposition of movable assets all powered by technology and optimized by analytics.
- Integrated with ESC’s Lien Registry Services Platform to optimize the file triage diligence processing.
- Performance management of bailiffs, investigators and auctions.
- Increase recoveries through our superior supply chain management experience. Our customers comment “ESC’s asset recovery agents take a high-touch personal approach”.
- Robust reporting offering advanced insights on performance metrics.
- 30 years plus experience advising all key stakeholders in the asset recovery process.
- New! Repo Intelligence Complete – Asset Recovery Triage – COVID Preparedness Validation.
Recovery Solutions Features & Benefits
Offers an integrated repo module allowing lenders to quickly & efficiently initiate and manage an asset recovery.
One Click Capabilities
With just One-Click a lender can initiate an Asset Recovery (integrated with lien filing module).
Automated Document Generation
Auto generate customizable documents (notices, etc.) requiring no data re-entry eliminating errors and improving SLAs while using less FTE’s.
Embedded workflow to comply with internal processes and Canadian provinces’ legal requirements.
Servicing system integration gives the ability to receive current loan info directly from servicing system.
Built in calculations to facilitate key decisions (i.e. seize or sue).
Agent Rating Capabilities
Rate third party agents across all lending users as volumes grow. Provide volumes to those who provide the best, most-timely service at the best price.
Customizable reporting on key metrics (i.e. time-to-recovery).