News

August 1, 2014 Nashville, TN – Primeritus Financial Services, Inc. has announced their second Agent Partner Event will be hosted on September 11th and 12th at their new corporate office location in Nashville, Tennessee. Primeritus hosted their first event last year with over 100 agent partners in attendance. “We are looking to increase this year’s event size and welcome more agent partners to Nashville,” according to Primeritus Vice President and General Manager, Justin Conners. He continues, “We’re excited for the opportunity to welcome our agent partners back to Nashville and to our new home office. We’re also pleased to have the opportunity to show our agents how much we appreciate their efforts. We continue to grow as an organization and that growth is directly related to the successful relationships we strive for with all of our agency partners.” Primeritus CEO Chuck Tapp adds, “Everyone seemed to really enjoy themselves last … Continued

February 2014 Nashville, TN – Primeritus Financial Services, Inc. has announced the release of the Primeritus Incentive Program for 2014. The program is designed to reward agent partners with the best performance in regards to repossession success and compliance compared to their peers. Under the Primeritus program, each Vendor Territory Manager’s (VTM) region will produce three winners every quarter. The winners will be categorized into peer groups according to volume, and one additional agency will be selected by the Primeritus staff for a total of sixteen (16) $500 awards! “We are excited to offer this program to our agents as a way of rewarding them for jobs well done,” reports Primeritus Vice President and General Manager, Justin Conners. Each peer group will be categorized into high-, mid-, and low-volume agencies. The staff pick will be chosen by a majority vote and that honor will be awarded to the agency that … Continued

February 2014 Nashville, TN – With compliancy as the watchword for many industries moving forward, Primeritus Financial Services, Inc. has announced their plans for auditing their agency partners’ lots in 2014. Primeritus has chosen to partner with TrendSource to perform those audits. The audits will provide Primeritus and their clients with a working knowledge of their agency partners’ lots as well as what compliance steps are being taken at those lots. This will continue to strengthen Primeritus’ leadership role in industry compliance initiatives. As the need for compliance assurances for agencies increase, Primeritus has plans to verify compliancy by auditing all of their agencies’ locales this year. Primeritus is proud to announce that in 2014, these audits will come at no expense to their agency partners. Primeritus CEO Chuck Tapp reports, “We feel the need for compliancy is so vital to this industry, we decided to assist our agency partners … Continued

February 24, 2014 Nashville, TN – Primeritus Financial Services, Inc., a leader in recovery management, skip tracing and remarketing services, today announced their acquisition of Repo Remarketing, a principal recovery and remarketing firm. Included in the acquisition is Find Track Locate, Repo Remarketing’s skip tracing unit. “The Gartner’s have built a streamlined flagship repossession and remarketing platform for credit unions, which is a perfect complement to all of the services our organization provides for banks, captive finance companies and specialty lenders” said Primeritus Chairman, Cam Hitchcock. “Our collaboration with Repo Remarketing will expand our footprint, especially within the credit union market, where Repo Remarketing has developed a leading platform. We’re proud to welcome Repo Remarketing into the Primeritus family of companies,” concluded Hitchcock. Primeritus CEO Chuck Tapp went on to say, “Lance and Victoria Gartner built Repo Remarketing into a great niche business over the last 16 years. Their company … Continued

Thursday, January 2, 2014 Nashville, TN – During the last quarter of 2013, employees of Primeritus Financial Services, Inc. were busy campaigning for destitute families needing food with their collections on behalf of Feeding America® Second Harvest Food Bank, and giving special wishes to children with a life-threatening illness through donations to A Special Wish Foundation®. “Primeritus employees participated in an intra-office competition to collect food items for the Feeding America’s Second Harvest Food Bank,” reports Primeritus CEO, Chuck Tapp, “and the response was heartfelt and larger than we anticipated with almost 3,200 food items donated to our local Second Harvest Food Bank chapter. A Special Wish Foundation, Inc. is another organization that is close to our hearts, especially during the holidays,” said Tapp. He goes on to add, “We selected A Special Wish Foundation as one of several charities which we were pleased to have donated to throughout 2013.” … Continued

Industry leaders recruited for key Sales and General management positions December 10, 2013 Primeritus Financial Services, Inc. today announced the addition of two industry leaders for key management positions. Ben Murdock has joined Primeritus as VP of Sales & Services. Murdock most recently served as Executive Director of Sales and Services at Openlane, where he held several senior positions during his tenure there. “Ben has 15 years’ experience in technology, management and sales operations servicing the automotive finance industry. We are very excited to have him as part of the Primeritus team,” said Chuck Tapp, Primeritus’ CEO. Murdock holds a BA in Business Management and an MBA in International Business. He will report to Executive VP of Sales, Service and Marketing, Joe Mappes. Chris McGinness has accepted the position of General Manager for the El Dorado Hills, CA Primeritus location. After an early background in public accounting, McGinness began his … Continued

Monday, November 4, 2013 Nashville, TN – On October 24th and 25th, Primeritus Financial Services held its first-ever Agent Partner Event for its national agency partners in Nashville, Tennessee, home to the Primeritus Corporate offices. Over 100 agents joined the Primeritus management team and staff for a tour of the new offices, a reception and dinner on the 24th. The agent partners joined the Primeritus staff the following day for a Nashville city tour and business session on board the Music City Queen riverboat on the Cumberland River.

Nashville, TN – The Nashville Campus of National College recently awarded a Distinguished Community Employer plaque to Primeritus Financial Services, Inc., a financial management company providing service in areas of automotive finance collections, skip tracing, recovery and remarketing operations. Primeritus Financial Services, Inc., has been instrumental in hiring current students and graduates and has agreed to be an externship site for students enrolled in the campus’s accounting program, so that they can get practical experience in a real financial setting. Natasha Dowell, human resources director for Primeritus explained, “We are seeking a higher caliber of account representatives trained in accounting, customer service and with a strong work ethic.” Dowell continued, “Since National has teamed up with Primeritus, doors have opened for the accounting students of the middle Tennessee campuses—Madison and Nashville—to complete externship hours in a ‘real-world’ financial setting.” Dowell said that the chances of National students finding jobs through … Continued

Nashville, TN – After a year of multiple acquisitions, restructuring and rebranding, Primeritus Financial Services, a leader in recovery management, skip tracing and remarketing services, celebrates the company’s 500,000th repossession assignment. “It’s an exciting time.  Right now, we are proud of our progress and accomplishments over the last sixteen months.  We are truly humbled that our clients believe in us and helped us work through our transitions.  Our management team is looking forward to doing even more – to cement Primeritus as the mainstay among the elite repossession, skip and remarketing service providers in our industry,” said Chuck Tapp, CEO of Primeritus Financial Services.  “Our goal is to celebrate our one millionth repossession assignment well before next July,” stated Tapp. The company stated recently it had acquired seven different business units over the last twelve months, restructured and rebranded these business units under the Primeritus Financial Services, Inc. umbrella; Primeritus … Continued

Monday, May 20, 2013 Nashville, TN – After a year of multiple acquisitions, Primeritus Financial Services, a leader in recovery management, skip tracing and remarketing services, announces the rebranding of several of their business service segments. “Since the acquisitions of USA Recovery and Renovo over the past year, Primeritus has worked with customers and clients to better align their services with the overall strategy of the company. This rebranding is the next step in Primeritus’ evolution and growth in the recovery services, remarketing and skip tracing industries,” said Chuck Tapp, CEO of Primeritus Financial Services. Primeritus Recovery is the trade name assigned to front-end repossession placements.  Servicing auto finance clients via a network of repossession firms and agents across the country, Primeritus is able to centralize, standardize and better manage the repossession process for our clients. Furthermore, “we have made a strategic decision to reduce Primeritus’ involvement in the direct … Continued