Concord Servicing, a leading provider of loan servicing and financial technology, is offering resort owners and management companies the opportunity to boost their accounts payable collections with their Blackwell Recovery subsidiary. With a track record of industry-leading practices, Blackwell has consistently outperformed competitors in collecting outstanding payments.
By turning over late-paying accounts to Blackwell Recovery, companies can see significant improvements in their collections results. This has been the case for organizations like Club Exploria, whose executive vice president, Mike Smith, praised Blackwell for achieving outstanding results with delinquent accounts. With a professional touch, even accounts that are over a year in arrears can yield surprising results when worked by Blackwell.
According to Concord Servicing COO Kyle Derry, Blackwell can collect a higher percentage of outstanding payments when accounts are turned over earlier, usually when they are 90 days in arrears. By utilizing Blackwell’s early-placement programs, management companies and homeowners’ associations can optimize revenues while ensuring data security and regulatory compliance.
Concord Servicing’s solutions, including collections services by Blackwell Recovery and loan servicing, have been at the forefront of the timeshare industry and other specialty loan markets such as solar and energy efficiency. If you’re looking to accelerate your company’s growth and improve performance, contact Ericka Schwarm at eschwarm@concordservicing.com to learn more or to schedule a meeting during the ARDA conference.
With over three decades of experience, Concord Servicing manages $16 billion in assets and serves clients globally in industries such as vacation ownership, residential solar, energy services, and home improvement. Their compliant and flexible portfolio servicing solutions have earned them a reputation for unparalleled performance. To find out more about Concord Servicing and how they can help your company, visit http://www.concordservicing.com.
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