Backup servicing is a vital element of financial transactions. The identity of your backup servicer is of greater focus to investors and rating agencies. We offer a variety of backup servicing solutions that can be customized to fit your needs.
Equipment Leases | Equipment Loans | Loans (Unsecured or Other) | Commercial Vehicle Financing | Commercial Solar | Municipal Leases
Partial or full parallel servicing. Complete data mapping and testing produces. A typical transition time frame of 30 days.
Our most common option includes a monthly review of servicer reports, portfolio analysis and storage of data files. A typical transition time frame is 30 to 60 days,
GreatAmerica would be named as a possible successor servicing option. May include data file storage, limited upfront data review and portfolio monitoring. An estimated transition time frame ranging from 60 to 90 days
As an active participant in the securitization marketplace, GreatAmerica understands the importance of backup servicing and is committed to preparing and monitoring your portfolio to mintage risk in the event of your servicer failing.
