News

Primeritus Financial Services is pleased to announce they were the first supplier to receive the Recovery Services Excellence Award from Toyota Financial Services (TFS). This is Toyota’s most recent supplier recognition program for fiscal year 2018. The program is intended to drive performance results in a competitive spirit amongst Toyota’s recovery service vendors. The award recognizes a vendor’s performance in results, compliance, and overall partnership, and includes a trophy which travels quarterly for display in each recipient’s home office. “It’s truly an honor to have been the first to receive the ‘Recovery Services Excellence Award’ from TFS,” said Scott Peters, President and CEO. “But it’s far from an individual achievement. This award is a testament to the combined power of great vendor and lender partnerships, and a values-driven culture within Primeritus. We’re eager to continue advancing our continuous process and technology improvements and playing a meaningful role within the industry.” … Continued

Security National Automotive Acceptance Company (SNAAC), a non-prime auto finance company, and Primeritus Financial Services, Inc., the leading service provider of recovery management, skip tracing, and remarketing services to the auto finance industry, today, announced their collaborative partnership. Primeritus will provide SNAAC their full-suite of remarketing services for SNAAC’s automotive portfolio. “Primeritus has a solid reputation in the industry by helping auto finance companies improve their remarketing strategies and obtaining the highest returns in the auction lanes,” says Chris Mitcham, Senior Vice President of Collections with SNAAC. “SNAAC is proud to partner with a company that will help us; improve our portfolio results, lower our overall days to sell, manage cost, experience premium lane placement, and participate in their vehicle certification process in order to obtain the highest vehicle retention value.” Keith Byrd, VP of Remarketing for Primeritus added, “The team at Primeritus is very excited and proud to partner … Continued

Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Capital Recovery Group, LLC (CRG). Based in Tucson, Arizona, CRG is the only recovery solution company dedicated solely to the powersports community. CRG, founded by Nic Spallas, Adam Jones, and Dennis Louderback, is the seventh acquisition by Primeritus since 2012. “We are very selective when considering potential acquisition targets, evaluating many different aspects of the company,” said Scott Peters, President, and CEO of Primeritus. “We were very impressed when we talked to the team at CRG and knew right away that this would be a great addition to the Primeritus Family of Companies.” Chris McGinness, SVP of Operations for Primeritus added, “CRG has an excellent reputation within the powersports industry. We look forward to working with their team to enhance … Continued

Primeritus Financial Services, Inc., the leading provider of recovery management, skip tracing and remarketing services for the auto finance industry in the U.S., today announced that it has received Ally Financial’s 2017 Supplier of the Year award. “We are honored to have received such a prestigious award from Ally. I could not be more proud of our team for their hard work and the commitment to excellence that it took to achieve this. We have enjoyed a strong relationship with Ally and are excited to see this grow in the future.” said Chris McGinness, SVP of Operations for Primeritus. “We have made a concerted effort to deliver sustained results for Ally.” “It’s extremely rewarding to be recognized as an industry leader by Ally,” said Joe Mappes, EVP Client Services and Sales, Primeritus. “Our teams have worked very hard in developing a trusted relationship with Ally since we started working together … Continued

Wednesday, February 15, 2017 Nashville, TN – Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Global Investigative Services, LLC (GIS). Based in Rockwall, TX, GIS was founded by Greg Hill and partner Danny Tolbert and provides vehicle skip tracing services, equipment recovery and investigative services to the finance community.

Thursday, January 21, 2016 Nashville, TN – Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Roquemore. Based in Dallas, TX, Roquemore is the leading provider of vehicle skip tracing services to the credit union and collateral protection industries.

Friday, January 2, 2015 Nashville, TN – During 2014, employees of Primeritus Financial Services, Inc. worked hard campaigning and giving for their favorite charities. Primeritus CEO, Chuck Tapp said “Our employees held a highly successful Red Cross Blood Drive; a walk to raise money and awareness for the American Diabetes Association.” Tapp continued, “We end the year with our annual holiday donation to A Special Wish Foundation®, giving special wishes to children with a life-threatening illness.”

September 2014 Nashville, TN – Primeritus Financial Services, Inc. hosted their 2nd Agent Partner Event in Nashville, TN on September 11th and 12th and had a record turnout. Primeritus’ first Event in 2013 hosted over 100 attendees and this year’s Event doubled that number. The Event took place in Nashville over a two-day span from September 11th through the 12th. Primeritus CEO Chuck Tapp stated, “We were very excited to have such a large turnout this year. By doubling last year’s attendance, it gave us the opportunity to show even more of our agent partners how much we truly appreciate their efforts and hard work. It was fun to entertain all the attendees during the two-day Event and thank them for their partnership. We’re already looking forward to next year’s Event!”

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

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