Loss Prevention ServicesLimited

Loss Prevention Services (MS), LP is a technologically-enabled information management company and services broker offering banking and financial institutions a range of skip locate, license plate recognition, repossession and recovery, and transport services.

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We believe that success is determined by proven results reflected in a reduction of our clients’ delinquent portfolios. Our recovery management team ensures that each account is receiving the proper attention and servicing from our network of recovery agent affiliates and then properly relayed back to the lender.

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Loss Prevention Services creates customized transportation programs which embrace our clients unique goals and requirements. Our clients benefit from a single source solution for skip locate, repossession and transport. Transport services include coordinated key production and tracking; customized auction selection matrix; and tier–structured pricing.

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Since 2008, License Plate Recognition (LPR) technology has been a fixture in the collateral recovery industry. Auto lender benefits include increased recovery rates, reduced days to recover and lower charge-off occurrences.

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Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally.

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Our staff is professionally trained to filter, read, decipher and share this information properly in conjunction with our recovery agents in the field. We also remember the most basic skip tracing tool that so much of the competition forgets: the telephone. Our skip tracers are trained on how to speak to associates, relatives, ex-employers, and to your customer in a manner that is both professional and optimal to achieve results. You can rest assured that our skip tracers conduct themselves in a professional manner at all times during our investigation or location of your collateral.

The consultative approach we take assures our offering is tailored to the needs of each individual client as a seamless extension of the portfolio management at the lender level. Our approach, experience, and management team positions Loss Prevention Services to be the industry standard in skip and collateral transition services.

In the business of skip tracing, our strongest asset is the utilization of a particular set of skills developed from industry experience, training, and the latest tools available to optimize our tracking potential. Our organization has created a unique approach to tracking through not only utilizing technological tools, but combining creative thinking, reasoning and thorough attention to detail for an “out of the box” approach.