Based in Minneapolis and serving the entire country, Repossessors Inc. has been an industry leader in volume and quality wire-to-wire vehicle repossession, remarketing, and asset liquidation since 1991.
Repossessors Inc. is committed to excellence and approaches collateral recovery with diligence and professionalism, meeting or exceeding all industry compliance regulations and guidelines. Fully licensed, insured, and bonded; Repo Inc. puts security first and protects its clients' interests at every turn.
Repossessors Inc. has a physical presence in nine states and is able to provide national collateral recovery services through a network of verified and trusted affiliates.
Repossessors Inc. serves the 7 state Mid-western area (Minnesota, North Dakota, South Dakota, Iowa, Wisconsin, Illinois and Nebraska) --along with satellite offices in New Mexico and Arizona-- directly and covers the rest of the nation through our trusted and verified affiliate network.
Repossessors Inc is truly a pleasure to work with. Their prompt attention to time sensitive matters, professional demeanor, and unbeatable results have ensured our loyalty. The ability to have a single point of contact for all of our repossession needs has increased our efficiency, positive resolution rate, and our immediate access to crucial information regarding our repossession accounts. We enjoy the many conveniences offered by Repossessors Inc including; top of the line skip tracing services, easy to navigate web-portal, digital invoicing, and transportation coordination.
Our business relationship with Repossessors Inc has been advantageous. Over the past five years we have had an average positive resolution rate of 92% and an average involuntary recovery rate of 73%. Results of this caliber are outstanding, particularly for specialty collateral like ours: boats, RV’s and motorcycles.
We couldn’t be happier with the services provided by Repossessors Inc.
— Annastasia Clarke
Because of the great customer service we have experienced and the money saved in the recovery of units. I wanted to take the time to let you know what an incredible job Repossessors Inc. has done. Too often we only hear the complaints and not the compliments in our business.
— Kathy Johnson
Linn Area Credit Union
Minnesota Repossessors Inc. has been the preferred repossession agent of M&I Dealer Finance Inc. over the past 15+ years. We have valued our partnership and services they have provided us and our customers. Their staff has always been professional in all aspects of the business. I have personally managed the relationship for the past 9 years. Over this time we have worked together on strategies to optimize their performance as well as keeping costs down while still achieving our objectives. Whenever we have questions or concerns they have always been available and responsive to our needs.
To ensure M&I was receiving the best possible results, we implemented a Champion/Challenger test at the state a national level with other repossession vendors and MRI easily outperformed the competition.
On a monthly basis we have tracked their efficiency/effectiveness in 3 main areas: Recovery Percentage, Days to recover and Repossession Costs. These metrics were reviewed on a monthly basis to ensure service levels were maintained and improved whenever possible.
I would recommend MRI to any company looking for a new repossession agent or to put up in a Champion/Challenger competition with their current vendor as they have always performed at a high level for M&I.
— Rob McLaughlin
Repossession & Remarketing Manager
M&I Dealer Finance Inc.
(a Division of BMO Financial Group)