How In-Person Door Knocks Are Transforming Loan Recovery for Financial Institutions
In today’s lending landscape, asset-based lenders face unique challenges with rising default rates and disengaged borrowers. When accounts become unresponsive and payments stall, lenders need a more proactive approach to reestablish contact while preserving customer relationships. Asset Compliant Solutions (ACS) now offers in-person Door Knocks to bridge this unfortunate but sometimes unavoidable gap in communication, […]
The Importance of Contracts in Mitigating Risk: Protecting Assets and Strengthening Loan Recovery
Risk is an unavoidable part of our industry for asset-based lenders, but a well-structured contract can serve as a powerful first line of defense. Clear, enforceable agreements protect assets, define expectations, and provide a legal foundation for smooth loan recovery without risking borrower relationships. At Asset Compliant Solutions (ACS), we have two decades of firsthand […]
84% Success Rate: How ACS Helped a Leading Bank Resolve Distressed Loans
In the midst of a surge of defaults, a major U.S. bank and asset-based lender determined that its existing methods of managing default risk were not delivering as they once did. Like a lot of large financial institutions with strict risk management and customer privacy policies, they were reluctant to engage a partner to conduct […]
Asset Compliant Solutions Appoints Lacy Gowiski as Director of Administrative Operations
Asset Compliant Solutions (ACS), a leading portfolio optimization company serving asset-based lenders and lease finance companies, today announced the appointment of Lacy Gowiski as its Director of Administrative Operations. This appointment reflects ACS’s commitment to strengthening its operational capabilities as the company continues to expand its innovative solutions for the asset-based lending industry. Gowiski brings […]
Asset Compliant Solutions Names Leslie Skwara Vice President, Director of Finance
Asset Compliant Solutions (ACS), a leading provider of portfolio optimization solutions for asset-based lenders and lease finance companies, today announced the appointment of Leslie Skwara as Vice President of Finance. The appointment reflects ACS’s commitment to building a strong operational foundation for continued innovation and growth. Skwara joins ACS with a proven track record of […]
Six Proven Strategies ACS Uses to Protect Lender Portfolios
No single strategy is enough to protect portfolios from all the possible risks in the fast-paced world of asset-based lending. But there are a variety of approaches that combine to significantly reduce your exposure to loss or liability. Asset Compliant Solution has over two decades of successful partnerships with banks, captives, and independent lenders throughout […]
Navigating Repossessions in the Construction Industry
Asset recovery is a delicate process leveraging skillful, experienced talent and the right tools to help avoid costly mistakes like being accused of wrongful repossessions. As industry leaders, ACS believes we have a responsibility to aid our clients and the industry at large with market-tested insights to help lenders and lease finance companies navigate repossessions […]
Asset Compliant Solutions Appoints Industry Veteran Ian Campbell as Senior Vice President and Director of Operations
Asset Compliant Solutions (ACS), a leading provider of loan portfolio optimization services for asset-based lenders and lease finance companies, today announced the appointment of Ian F. Campbell, CLFP, as Senior Vice President and Director of Operations. Campbell brings over 25 years of experience in the fintech sector, most recently serving as Director of Customer Service […]
Accelerating Collections: 5 Best Practices that Work
By Andrew Pace, Chief Client Experience Officer at Asset Compliant Solutions In the commercial lending and lease finance industry, efficient collections processes are vital for maintaining healthy cash flows and strong portfolios. As industry professionals, it’s crucial that we continuously refine our approaches to accelerate collections while maintaining the highest standards of professionalism and compliance. […]
Optimizing Loan Portfolio Performance: Strategies for Success
By Andrew Pace, Chief Client Experience Officer at Asset Compliant Solutions In the dynamic world of commercial lending and lease finance, optimizing loan portfolio performance is crucial for long-term success. As industry professionals, it’s our responsibility to continuously refine our strategies to maintain healthy portfolios while supporting our clients. Let’s explore five key strategies that […]