Asset Compliant Solutions Names Leslie Skwara Vice President, Director of Finance
Asset Compliant Solutions (ACS), a leading provider of portfolio optimization solutions for asset-based lenders and lease finance companies, today announced the appointment of Leslie Skwara as Vice President of Finance. The appointment reflects ACS’s commitment to building a strong operational foundation for continued innovation and growth. Skwara joins ACS with a proven track record of […]
Six Proven Strategies ACS Uses to Protect Lender Portfolios
No single strategy is enough to protect portfolios from all the possible risks in the fast-paced world of asset-based lending. But there are a variety of approaches that combine to significantly reduce your exposure to loss or liability. Asset Compliant Solution has over two decades of successful partnerships with banks, captives, and independent lenders throughout […]
Navigating Repossessions in the Construction Industry
Asset recovery is a delicate process leveraging skillful, experienced talent and the right tools to help avoid costly mistakes like being accused of wrongful repossessions. As industry leaders, ACS believes we have a responsibility to aid our clients and the industry at large with market-tested insights to help lenders and lease finance companies navigate repossessions […]
Asset Compliant Solutions Appoints Industry Veteran Ian Campbell as Senior Vice President and Director of Operations
Asset Compliant Solutions (ACS), a leading provider of loan portfolio optimization services for asset-based lenders and lease finance companies, today announced the appointment of Ian F. Campbell, CLFP, as Senior Vice President and Director of Operations. Campbell brings over 25 years of experience in the fintech sector, most recently serving as Director of Customer Service […]
Accelerating Collections: 5 Best Practices that Work
By Andrew Pace, Chief Client Experience Officer at Asset Compliant Solutions In the commercial lending and lease finance industry, efficient collections processes are vital for maintaining healthy cash flows and strong portfolios. As industry professionals, it’s crucial that we continuously refine our approaches to accelerate collections while maintaining the highest standards of professionalism and compliance. […]
Optimizing Loan Portfolio Performance: Strategies for Success
By Andrew Pace, Chief Client Experience Officer at Asset Compliant Solutions In the dynamic world of commercial lending and lease finance, optimizing loan portfolio performance is crucial for long-term success. As industry professionals, it’s our responsibility to continuously refine our strategies to maintain healthy portfolios while supporting our clients. Let’s explore five key strategies that […]
Avoid Wrongful Repossessions: 5 Steps to Protect Your Business
The High Cost of Wrongful Repossessions for Asset-Based Lenders Wrongful repossessions are costly. They damage relationships and reputations. They trigger lawsuits and costly settlements. And depending on where you do business, they can even result in regulatory enforcement action – even criminal prosecution. Too often, lenders assume they’re indemnified; that their repossession partners and agencies […]
What Mistakes Are You Making? 5 Critical Mistakes Asset-Based Lenders Should Avoid
Even in good times, asset-based lenders and lease finance companies often make costly mistakes that bleed profits, damage customer relationships, and tarnish brand reputations. When originations are up, watching deficiency balances skyrocket too is maddening. After over 25 years helping banks, captives and independents, we’ve identified 5 critical mistakes to avoid: Fortunately, there are steps […]
ACS Achieves SOC-2 Type 2 Certification, Doubling Down on Client Security
Asset Compliance Solutions (ACS), a leader in asset-based lending and lease finance solutions, has secured the prestigious SOC-2 Type 2 certification, solidifying their commitment to client data security. This achievement surpasses their previous SOC-2 Type 1, offering clients independent verification of ACS’s robust security practices. What is SOC-2? SOC-2 stands for Service Organization Control. It’s […]
Navigating Regulatory Risk Across Jurisdictions: A Guide for Asset-Based Equipment Lenders and Lease Finance Companies
Executives at equipment lending or lease finance companies know that regulatory compliance is crucial for their business’s success. Noncompliance can be extraordinarily costly – affecting not only overall financial performance, but your organization’s reputation and ability to generate new business. Aggravating the situation, regulatory variability across federal, state, and local jurisdictions makes keeping up challenging […]