NRA believes in a “ground-up” approach to all Accounts Receivable Management programs, and focuses on the full loan cycle when developing loan recovery strategy for clients regardless of where in the loan cycle stage NRA becomes involved. NRA’s years of experience in delinquent recoveries provide a unique vantage point whereby the company is uniquely positioned to provide sound servicing and recovery strategies to prevent undue defaults. Though each individual loan is unique in its own right, NRA examines portfolios on a macro and micro level to understand and adapt to trends and patterns that allow us to identify early treatments and practices that can be improved upon to increase yield rates and decrease default rates. NRA understands each client has its own risk tolerance and servicing philosophy, often driven by product and branding strategy on the corporate level; we strive to meet and exceed our clients’ expectations in every aspect of our engagement in the Lifecycle Loan Management program.
NRA recognizes that in consumer lending, losses are inevitable. NRA excels at providing comprehensive Lifecycle Loan Management programs whereby underwriting and servicing treatment is designed to achieve a minimum default rate acceptable to each particular risk standard as prescribed by the client. As a value-added partner, NRA’s job is to 1. Evaluate and identify areas of opportunity within existent client protocols, 2. Enhance business processes to solidify Lifecycle Loan Management programs and 3. Deploy strategies and best practices to mitigate losses and augment yield rates to the client.
Accordingly, NRA’s consultative and practical approach through the Lifecycle Loan Management program offers our clients the greatest chance to maximize performance of their performing and non-performing assets.