CURepossession

Where the repossession industry gets its news

Introducing the “Supernova Hybrid Model” – The Forwarding Model is About to Experience Market Interruption

FOR IMMEDIATE RELEASE

Over the last 20 years, the forwarding model has remained basically unchanged with the same stale systems, processes and problems that have been inherent to the 3rd party management model and their platforms. These problems have been unaddressed until now. No longer do lenders have to choose between the direct to agent relationship and the third party forwarding model. ENDTRUST, Inc. is proud to announce its market entrance boasting what it refers to as their “Supernova Hybrid Model”.

ENDTRUST, Inc. was developed by Jim Calvert, a one-time past executive with Mercedes Benz Credit Corp in the ‘90’s and now business entrepreneur who owns and operates a handful of very successful automotive companies, and David Gryglewicz, an industry-veteran pioneer of 3rd party Repossession/Remarketing outsource servicing.

ENDTRUST’s “Vision” is to create a new lane in the national repossession, remarketing and lease-end management services industries totally committed to cutting-edge technology, fully-automated operational workflows, non-compromising conviction to compliance and unyielding pledge of relationship with its lender clients, affiliate service providers and vendor partners.

Throughout my lengthy career in this space, despite the numerous benefits the Forwarding model offers… there has always been and still remains today an equal contingent of lenders who continue to prefer the Direct model” said Gryglewicz. He went on to say… “right, wrong or indifferent, many lenders prefer to keep management of repossession operations in-house because of the “control” they maintain working directly with recovery agents. Forwarding has a long list of administrative benefits any lender would enjoy however there’s always been a contention with the communication channel which flows from recovery agency to forwarder and then forwarder to lender. Many lenders aren’t willing to give up and live with what they view as too large a trade-off… numerous admin benefits vs direct oversight control. On the flip side of the same coin, there are lenders who currently utilize the forwarding model that would prefer to maintain direct management control working and communicating directly with agents themselves. The model relationship that coexists today offers a… “one or the other” ultimatum proposition evidenced by a current industry partisan statistic showing half the industry’s use of the forwarding model while the other half utilize direct”.

Now, for another industry first… ENDTRUST introduces the “Supernova Hybrid Model”. This new model provides all the admin and management performance oversight offered through the forwarding model while returning the recovery agent/relationship control back to the lender client inherent in the direct model. ENDTRUST has strategically bridged this aged-ole industry gap by aligning itself with leading-edge compliance and technology systems service providers enabling it to develop a platform that ultimately delivers the “best of both worlds”… Forwarding and Direct. Through its relationship with these contemporary and innovative companies… ENDTRUST operates and facilitates its services built on three foundational pillars: compliance, technology utilization and workflow automation. “No longer is it an either/or compromise where auto lenders have to choose between the Forwarding and/or the Direct model… they now have the unique first-of-its-kind opportunity to select a nationwide repossession service provider that provides the best both have to offer, all from the same platform” Gryglewicz concluded!

About ENDTRUST

ENDTRUST, Inc. is a 3rd-party national provider of repossession, remarketing and lease-end service management all operating out of its 44,000 sq ft operations center located in Bedford, TX. The company is owned by Jim Calvert who along with ENDTRUST, owns and manages the following other Calvert Companies: Fusion Auto Finance, Novak Motors, GrooveCar, CUXPRESS LEASE and GrooveCar Direct. To learn more about ENDTRUST and its “Supernova Hybrid Model”… click on the following video link: (ENDTRUST Supernova Hybrid Model)

Facebook Comments