Minnesota Repossessors Inc. has been the preferred repossession agent of M&I Dealer Finance Inc. over the past 15+ years. We have valued our partnership and services they have provided us and our customers. Their staff has always been professional in all aspects of the business. I have personally managed the relationship for the past 9 years. Over this time we have worked together on strategies to optimize their performance as well as keeping costs down while still achieving our objectives. Whenever we have questions or concerns they have always been available and responsive to our needs.

To ensure M&I was receiving the best possible results, we implemented a Champion/Challenger test at the state a national level with other repossession vendors and MRI easily outperformed the competition.

On a monthly basis we have tracked their efficiency/effectiveness in 3 main areas: Recovery Percentage, Days to recover and Repossession Costs. These metrics were reviewed on a monthly basis to ensure service levels were maintained and improved whenever possible.

I would recommend MRI to any company looking for a new repossession agent or to put up in a Champion/Challenger competition with their current vendor as they have always performed at a high level for M&I.

— Rob McLaughlin
Repossession & Remarketing Manager
M&I Dealer Finance Inc.
(a Division of BMO Financial Group)
Because of the great customer service we have experienced and the money saved in the recovery of units. I wanted to take the time to let you know what an incredible job Repossessors Inc. has done. Too often we only hear the complaints and not the compliments in our business.

— Kathy Johnson Linn Area Credit Union
Repossessors Inc is truly a pleasure to work with. Their prompt attention to time sensitive matters, professional demeanor, and unbeatable results have ensured our loyalty. The ability to have a single point of contact for all of our repossession needs has increased our efficiency, positive resolution rate, and our immediate access to crucial information regarding our repossession accounts. We enjoy the many conveniences offered by Repossessors Inc including; top of the line skip tracing services, easy to navigate web-portal, digital invoicing, and transportation coordination.

Our business relationship with Repossessors Inc has been advantageous. Over the past five years we have had an average positive resolution rate of 92% and an average involuntary recovery rate of 73%. Results of this caliber are outstanding, particularly for specialty collateral like ours: boats, RV’s and motorcycles.

We couldn’t be happier with the services provided by Repossessors Inc.

— Annastasia Clarke
Remarketing Supervisor
Merrick Bank



                 

             

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10939 89th Avenue North
Minneapolis, MN 55369
Tel 763-493-4951
Tel 800-775-3053
jlatvaaho@repoinc.com

 


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