Current Expansion News Relating to The Portfolio Servicing Division

Genesis Commercial Capital has been focused on 3rd party end of term portfolio management for almost a decade now and have recently begun to aggressively market service arrangements in this space to different clients. Our core client group primarily consists of established and recognized lease funding originators that are wanting to grown originations while using an outside specialty source like Genesis as their go to partner for collections, processing, accounting, re-marketing, and customer service. Most recently Genesis has contracted out with Hampton Sierra to service their current end of term portfolio holdings. Genesis has managed servicing arrangements totaling over $80 million for a number of leasing/finance companies and has fairly recently widened their financial portfolio services management team to try to get additional contracts. With an infrastructure based on the newest technology in addition to a team of skilled specialists in all areas of the equipment leasing arena, Genesis is poised to become the leader in 2011 for end of term servicing.

With Genesis expertise in equipment and network of remarketing companies they're able to put together servicing arrangements for originators and lessors unmatched by anyone else in the industry. Genesis provides reliable, complete and cost-effective management and accounting services for small to mid size lessors/originators who wish to remain focused on the commencement and new bookings side of the business. Most small to mid size originators do not have the foundation in place nor are they using the systems/protocol to keep up an effective collection and servicing platform for maturity and stream collections. Genesis has the ability to handle all aspects of the stream and end of term including the challenging task of researching risk associated with equipment of all types as well as the re-marketing of a various equipment types. Genesis has forged relationships with some of the nation’s top equipment sellers, auction houses, equipment brokers, and re-marketing sources and has perfected the difficult task of finding buyers of all types of used equipment in relatively short time frames.

The other element of servicing that Genesis focuses highly upon is the customer service and customer retention are of the business. This is another added benefit of outsourcing to Genesis the end of term servicing. We think that a successful servicing company is only productive if the emphasis is equally focused on customer satisfaction. In tough economic times customers will frequently need resourceful plans and a fresh outlook on the collection process and Genesis brings that to the table as part of our core competency. Customer service needs to be the core of any and all businesses and is it included into every single part of our process. Our goal is always to set up a management and collection process exclusively suitable for each of our customers that inevitably enhances their bottom line and enables them to concentrate on what it is they do best, commencing and originating new contracts and leases.

This is an area of our industry that hardly any companies carrying portfolios have practical knowledge in. Genesis and our systems oriented method provide impressive results for the clients. We are able consistently go above and beyond our partners expectations with a model emphasizing overall results coupled with an emphasis on customer service in all of the areas.