The Power of Connected Intelligence
In auto finance loss mitigation, visibility and speed are critical. The traditional, paper-driven process for handling impound alerts is slow, manual, and drives avoidable losses due to mounting storage fees and depreciation. The solution? We’ve brought together the three industry leaders of DRN, MVTRAC and SCM into one unified, Tri-brand force.
New Podcast Alert: The Tri-brand and Loanbridge Partnership
DRN, MVTRAC and SCM have partnered with Loanbridge to deliver a new end-to-end path from detection to coordinated recovery. By integrating Loanbridge’s nationwide impound and resale intelligence into the Tri-brand’s Monitor, Verify, Recover (MVR) solution, lenders gain:
- Earlier, Near-Time Alerts: Move beyond slow, mail-based systems with DRN impound notifications.
- Automated Verification: Loanbridge’s AI agent confirms vehicle status, condition, and fees, eliminating manual follow-up.
- Proactive Strategy: The integrated MVR chain starts with faster impound visibility, condition reports and appraisal to confirm value, and coordinates seamless, compliant recovery.
This single-source, “plug and play” solution helps lenders save costs, maximize efficiencies, and protect asset value earlier in the default cycle.
Don’t miss the full podcast to hear DRN | MVTRAC | SCM Chief Sales Officer, Joe Farley and Loanbridge’s CEO & Founder, Alex Wilham discuss how this collaboration is reducing recovery friction and accelerating impound resolution.