Loss mitigation leadership Plate Locate brings over five decades of combined management experience in collateral recovery, coupled with best-in-class compliance and industry-leading LPR technology, signaling a mature partner for lenders seeking reliable asset recovery and risk reduction.

Financial services focus Operate in the financial services space with a focus on auto finance recovery, appealing to banks, credit unions, captives, and auto finance companies seeking timely, productive, and profitable asset recovery outcomes.

Technology edge Leverage LPR technology and a tech stack including OpenAI and analytics tools to enhance recovery operations, offering potential upsell into AI-assisted underwriting, case prioritization, and faster collateral disposition for lenders.

Growth opportunities Small to mid-market scale with revenue under one million and a national footprint presents a scalable platform to expand client base among regional and national lenders seeking compliant, efficient recovery services.

Strategic partnerships Existing partnerships with auto finance companies, banks, credit unions, and captives indicate ample cross-sell possibilities across financial institution networks and potential for bundled services like transportation, key cutting, and forwarding.