Asset and motor finance recovery agency Peak Collections has been awarded a shortfall recovery contract with GMAC UK.

Simon Shuttleworth, director of Peak, said winning the contract marked an "ongoing evolution" of the company’s debt collection work.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Such an evolution, Shuttleworth believed, was underpinned by the case management system Peak launched in 2010 following several years of development.

Shuttleworth commented: "Over the past 24 years of trading, we have refined our services to provide the best and most cost effective results for our clients, resulting in exemplary cure rates on our first phase repossession and charge-off / profit-share volume.

"It is a natural progression to apply these processes to shortfall recovery".

richard.brown@timetric.com

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.