The company's principal activity is to provide third party collection and recovery services to investors, auto loan companies, banks, buy-here-pay-here companies and auto finance related companies who have bad debt account. The company services deficient loan portfolios for lenders nationwide. The loan portfolios are a combination of written off accounts, bankruptcy accounts and other accounts placed for collection. The company currently provides these services on a fee basis. Data storage services are also provided for clients on a long-term agreement basis and reports are generated from this data for clients. The company purchases portfolios from companies that wish to liquidate certain delinquent accounts from their portfolio.
