About ECR
Elite Collateral Recovery has earned the
confidence and business of some of the nations top financial institutions by land, air and sea.
We take pride in partnering with our clients and providing the most comprehensive service available in the industry. We have implemented new programs within our company that will serve to save our clients time and money. From partnering with New Jersey's premier auction, ADESA Auto Auction, to being one of the first agencies nationwide to utilize the new RDN system that is sure to also save you time and money while streamlining the repossession process.
Our Insurance:
Walter P. Geoghan Insurance
You can rest assured that we have you covered! ECR carry's the most comprehensive insurance available in our industry. We protect our clients with over 3 million dollars in coverage through the leading industry insurer, Tudor Insurance Company, which carries a rating of A+.
1 Million Dollar Bondwww.tfaguide.com
TFA is the nation's official trade association of recovery agents. With hundreds of members across the country — and even around the world — TFA leads the industry to better practices, higher standards, and more exposure. Companies around the globe have found a safe, professional, and reliable way to recover assets from delinquent loans/leases through TFA and its members.
Elite Collateral Recovery, Inc has been a member in good standing since 1994. For your protection, ECR's clients are covered under the, highly recognized, TFA 1 Million Dollar Bond.
Training and Certifications
To the financial institutions and collection specialist, the designation “CARS” will distinguish that person as one who has attained a high level of professionalism in the collateral recovery business. The CARS (CERTIFIED ASSET RECOVERY SPECIALIST) program is today recognized by all of the big three associations, ARA, NFA and TFA. Every employee of Elite Collateral Recovery, Inc. is certified through the CARS (Certified Asset Recovery Specialists) course.
Elite provides extensive training on a bi-weekly basis for all employees. Our training covers: FDCPA, GLBA, Skip Tracing, (CAT) Confrontational Avoidance Techniques and (DST) Driver Safety Training.
Elite Collateral Recovery is a member of NAFI - The National Association of Fraud Investigators was established to improve communications and to expand the networking of those in investigation and related fields which include but is not limited to Law Enforcement, insurance investigators, professional investigators, security specialists, bond enforcement agents, attorneys, forensic examiners, tracers/locators, credit card investigators, auto theft investigators, international counterparts.

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The Latest Technology
It is no secret that a Recovery Agent is only as good as the equipment that is at his disposal. Elite Collateral Recovery, Inc. has spared no expense in providing our agents with the latest technology available. Our company owns 12, late model, self-loading wheel lift trucks completely equipped with GPS navigation and onboard laptop computers with wireless capabilities. In addition, we also own 2 late model flatbeds with independent wheel lifts together with 2 four car carriers used in our transportation division. Our lock-smith department utilizes the latest technology in computerized key cutting and transponder programming.
Elite Collateral Recovery has taken communication to a whole new level with the use of RDN system. The Recovery Database Network (RDN) was created to facilitate business-to-business electronic commerce between lending institutions and recovery agencies. RDN built and launched a two-way E-Commerce network which allows lending institutions and repossession companies to be linked through the standard protocols of the internet. With the implementation of RDN, Elite has taken the communication between collectors and agents to a much higher level. This system has saved our clients time and money. We will be more than happy to demo the system for you and your staff at any time. The RDN website is located at www.recoverydatabase.net .



