Just a few months after moving into a new corporate headquarters, Secure Collateral Management (SCM) is advancing beyond being only a skip-tracing provider and into being a forwarding company.

In a message sent to SubPrime Auto Finance News on Tuesday, SCM executive vice president Joseph Farley explained why the company is making this move now seven years since its founding.

“SCM has recently moved into a huge, new, high tech office facility, so we have the capacity to rapidly grow our business,” Farley said. “While skip-tracing will continue to be the core business at SCM, we have received numerous requests from our clients and our agent network to manage forwarding assignments. The clients continue to mention SCM’s industry leading skip results and compliance when asking us to expand our services into the forwarding space.

“Our agent network, who are the backbone of SCM’s continued growth, are always asking us for more volume,” he continued. “The agents continually tell us they appreciate the higher contracted repossession rates SCM pays and that SCM pays them the same day they repossess the vehicle and turn in all bank require post repossession documents.”

Farley indicated SCM will pay the same contracted rates for forwarding work that the company pays for skip repossessions and with no fees charged to the agent for same-day payment.

In less than seven years, SCM has grown from a little-known skip company into the trusted source for top tier skip results,” Farley said. “Our entire SCM team is very excited about bringing our industry-leading success to the forwarding space.”

More details about Secure Collateral Management, a Small Business Administration Certified Woman Owned Business, can be found at www.secure-cm.com.