GreatAmerica provides solutions to manage risk in servicing equipment finance, solar, commercial loans, and other esoteric asset portfolios.
Risk mitigation and successor transition
Servicers can and do fail, making back-up servicing a vital element of financial transactions. Consequently, the identity of your back-up servicer is of greater focus to investors and rating agencies. We offer a variety of back-up servicing solutions that can be customized to fit your needs.
Run partial or full parallel systems with the primary servicer. Complete data mapping and testing offers a more condensed transition period.
Review monthly servicer reports, perform portfolio analysis and store portfolio data files.
GPSG would be named as a possible successor servicing option with minimal monitoring and transition preparation.
Back-up Servicing Overview
Mitigate the risk of not being prepared in the event the servicing of your portfolio needs to be transitioned.
Selecting the right provider in the event the servicing of your portfolio needs to be transitioned is important to your lenders. Hear from our Risk Operations Leader about what to expect when selecting a back-up servicing provider. Download Overview
Obtain the security you need to continue growing your portfolio.