JDR Solutions, an Indianapolis-based provider of back-office solutions to the equipment finance industry, announced it is experiencing increased demand for portfolio runoff services.
“Historic levels of inflation and interest rate hikes over the past couple years have left many equipment finance organizations evaluating their strategies, including putting some portfolios in run-off,” Joey Enevoldsen, chief operations officer at JDR Solutions, said. “We’ve seen an increased interest in our portfolio management services over the last six months. Our comprehensive and cost-effective services in billing, collections, customer service and hosting services make us uniquely positioned to assist these organizations looking to transition their portfolios.”
JDR Solutions offers a variety of services to the equipment finance industry, including software agnostic portfolio administration, custom web-based portal development (customer self-service, originations and dealer contract management), collections, sales and property tax compliance, custom report creation, database conversions, consultation, hosting and application support services. JDR’s clients include banks, captives, manufacturers and independent finance companies in the U.S., Canada and the UK.
