TRACKING/MONITORING, RECOVERY AND SECURITY SOLUTION OF BANK FINANCED VEHICLES OR ASSETS ON HIRE PURCHASE
Demand for Asset Finance services has grown significantly over the last 12 months and is closely tied to economic activity and the level of interest rates.
The profitability of individual banks largely depends on:
- Marketing Skills,
- Efficient Operations, and
- Sound Risk Management
With the increased demand for Financing comes a corresponding increase in Lending risk through elevated default rates.
With a good Risk Management System - Asset Finance has the potential to become a major income earner for any Bank.
Utrack has developed a solution to assist Banks increase their market share and profitability while controlling their risk in the lucrative Asset Financing Business.
It is after extensive research that Utrack identified this perfect product/service mix that delivers the perfect solution to the Banks' dilemma of controlling risk and a growing default rate on repayment.
Utrack will use its strength in the Fleet Management industry and the advantages that its services offer to increase the Bank's competitiveness and achieve growth in the lending sector.
Please click on THIS LINK for more information and a customized solution for your organization