Collateral Recovery Team

What Collateral Recovery Team does

Collateral Recovery Team LLC is a Texas-based, privately held asset-recovery firm that provides voluntary and involuntary vehicle repossession, transportation, secure storage, skip tracing, in-house locksmith, photo inspection, and impound-recovery services to lenders, banks, credit unions, and auto finance companies across Texas. The company operates the largest repossession network in the state, with offices in San Antonio (2), Houston (3), Austin, and Dallas/Fort Worth, approximately 75 tow trucks, around 60 field agents, and eight secure storage facilities each holding 300-700 vehicles under 24/7 video monitoring.

Its core technology stack is built around GridShark, a proprietary patented mobile application that automates License Plate Recognition (LPR) scanning workflows, geofenced zone assignment, and density mapping, and integrates with Recovery Database Network (RDN) for case management, Clearplan for workflow coordination, Cleardata for post-recovery digital documentation and e-signatures, Google Maps for fleet visualization, and Safety Vision for 360-degree in-cab video. The LPR network — 120+ camera systems capturing 20M+ scans per month — generates a historical scan-data layer covering approximately 85% of incoming cases, providing a measurable operational advantage in locating vehicles.

The business model is transaction-fee based: Collateral Recovery Team is engaged by lenders on a per-assignment basis under hold-harmless agreements, with fees negotiated prior to transportation and payment typically required before vehicle release. Ancillary revenue streams include transport, storage, locksmith, skip tracing, photo inspection, and impound recovery. Distribution is primarily direct enterprise sales to financial institutions in Texas, supplemented by inbound assignments through online portals (led by RDN) and the company website. The firm is fully licensed through TDLR, all agents are CARS Certified, operations are CFPB-compliant, and insurance limits (including $1M Wrongful Repo and $1.2M Garage Keepers) exceed industry norms — positioning compliance as a sales enabler for risk-averse regulated lenders.

Name

Collateral Recovery Team

Legal name

Collateral Recovery Team LLC

Website

https://collateralrecoveryteam.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Collateral Recovery Team is a Texas-based, privately held repossession firm providing voluntary and involuntary vehicle recovery, transport, storage, skip tracing, locksmith, and LPR scanning services to banks, credit unions, and auto finance lenders statewide.

Ownership category

akta.pro rank

Product category

Repossession and Collateral Recovery Services

NAICS

Repossession Services (561491), Collection Agencies (56144)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery) (BPAAAEAE)

akta.pro secondary industry

Repossession & Asset Recovery (Non-mortgage) (FSAKAJAF)

Keywords

• Vehicle repossession services
• Collateral recovery services
• License plate recognition
• Skip tracing services
• Vehicle storage facilities

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Repossession Services: Fees charged for voluntary and involuntary vehicle repossession services performed on behalf of lenders and financial institutions. Pricing agreed upon per assignment through the hold harmless agreement process.
2. Transportation Services: Transport of recovered vehicles to auction or designated locations. Fees are paid in full before vehicle release unless other arrangements are approved.
3. Secure Vehicle Storage: Storage fees for recovered vehicles at secure facilities with electronic gates, controlled access, and 24/7 security camera monitoring. Each location holds 300-700 vehicles.
4. Ancillary Services: Additional services including in-house locksmith (key cutting/programming), skip tracing, photo inspection documentation, and impound recovery (fronting fees owed).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Collateral Recovery Team is a Texas-based repossession services company that performs voluntary and involuntary vehicle repossession, secure vehicle storage, transportation to auction, skip tracing, in-house locksmith services, License Plate Recognition (LPR) scanning, photo inspection, and impound recovery on behalf of lenders, banks, credit unions, and auto finance companies. The company operates the largest repossession fleet and physical network in Texas (~75 tow trucks, ~60 agents, 8 storage facilities, 120+ LPR cameras), and powers its field operations with the proprietary patented GridShark mobile application integrated with Recovery Database Network (RDN), Clearplan, and Cleardata.

Product overview

Collateral Recovery Team operates as a repossession services company offering a comprehensive suite of collateral recovery solutions. The core technology platform is GridShark, a proprietary patented mobile application that enables License Plate Recognition (LPR) scanning and real-time fleet management. Services include voluntary and involuntary repossessions, in-house locksmith, skip tracing, secure storage facilities, LPR scanning, photo inspection, transport to auction, and impound recovery. The company leverages integrated technology systems including RDN for case management, Clearplan for workflow coordination, and Cleardata for post-recovery documentation.

Differentiator

Problem solved

Functional benefit

Brands

• GridShark: Revolutionary patented mobile app created by Collateral Recovery Team for License Plate Recognition (LPR) scanning, real-time fleet management, and coverage zone creation for repossession operations.

Products and services

• GridShark Patented Mobile App Patented proprietary mobile application for License Plate Recognition scanning, automated Recovery Database Network (RDN) updates via geofencing, real-time fleet management, zone creation tools, density visualization, and VIP client management; designed internally and used by Collateral Recovery Team's repossession field operations.
• Voluntary Repossessions Service handling voluntary vehicle surrender where owners choose to return their unit; coordinates pickup, transport, and safe return to lien holder at reduced cost. Offered to lenders, banks, credit unions, and auto finance companies across Texas.
• Involuntary Repossession Standard recovery service when borrower and lender cannot reach agreement; secures vehicles quickly, discreetly, and without unnecessary confrontation. Performed by licensed Texas repossession agents on behalf of lenders and financial institutions.
• In-House Locksmith Licensed locksmith service for cutting and programming vehicle keys, including modern laser-cut keys, electronic fobs, and older model keys, performed as part of the repossession workflow.
• Skip Tracing Collateral location service using proprietary tools and methods to locate missing or hidden vehicles, including long-dormant cases where debtors have moved.
• Secure Vehicle Storage Vehicle storage at 8 secure Texas facilities with electronic gates, controlled access, and 22 security cameras per site, each holding 300–700 vehicles under 24/7 monitoring.
• License Plate Recognition (LPR) Scanning Network of 120+ LPR camera systems deployed statewide capturing over 20 million license plate scans monthly, with historical scan data available on nearly 85% of incoming cases to locate difficult vehicles.
• Photo Inspection High-resolution photographic documentation of vehicles that are blocked or inaccessible, providing evidence of obstruction or damage to protect lender clients.
• Transport to Auction Fast and cost-effective transport of repossessed vehicles to auction, with most transport arranged within 24–48 hours of recovery; fees paid in full before vehicle release unless other arrangements are approved.
• Impound Recovery Service retrieving collateral from city tow companies or private impound facilities, with Collateral Recovery Team fronting all impound fees owed on behalf of the lender.

Quantifiable outcome

• Over $2.5 billion in assets recovered annually
• +4 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• Safety VisioncoreTechnology or IntegrationSafety Vision leads in mobile video innovation. Their solutions enhance drivers' efficiency. CRT records 24/7 and stores data for 1 year, protecting clients from false claims. Instant video feedback is available during repossessions. The in-cab monitor aids law enforcement. 360° recording ensures false claims are impossible.
• Recovery Database Network (RDN)coreTechnology or IntegrationRDN serves as the primary case-management platform for Collateral Recovery Team. GridShark has integrated with RDN enabling all recovery data to be displayed as a map layer for density visualization and real-time mapping insights.
• ClearplancoreTechnology or IntegrationClearplan is used for real-time workflow coordination, enabling assignment management and operational efficiency.
• CleardatacoreTechnology or IntegrationCleardata provides seamless post-recovery documentation. Drivers use ClearData management tools during transportation to ensure compliant digital completion via iPad with secure e-signatures.
• Harding Brooks Insurance AgencycoreOthersInsurance provider for Collateral Recovery Team with $1,000,000 General Liability coverage, $1,200,000 Garage Keepers coverage, $1,000,000 Wrongful Repo, $1,000,000 Cyber Liability, and $500,000 On-Hook coverage.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• KAR Auction Services: KAR Auction Services is the parent of both IAA and ADESA, the two largest US auto auction networks. Comparable to CRT as a broad incumbent in the vehicle remarketing value chain and a frequent customer of the recovery, transport, and storage services that CRT provides.
• ADESA: ADESA is a major North American physical auto auction brand under KAR Auction Services. Comparable as a downstream remarketing venue for repossessed vehicles and as a peer in handling high volumes of lender-channel inventory that flows from recovery firms like CRT.
• Copart: Copart is the largest US auto auction company, operating a national network that handles vehicles flowing downstream from lender and insurance channels. CRT's recovered vehicles are typically transported to Copart facilities, making it a downstream counterpart in the same collateral value chain; it is the dominant incumbent on the remarketing side of CRT's recovery workflow.
• Manheim: Manheim, part of Cox Automotive, operates the largest US physical wholesale auto auction network with industry-leading brand recognition. Comparable as the primary downstream auction channel for repossessed vehicles in many markets and a frequent counterparty for CRT's transport-to-auction service line.
• Insurance Auto Auctions (IAA): IAA is one of the two largest US auto auction networks (alongside Copart), operating under KAR Auction Services. Comparable as a downstream remarketing destination for repossessed and total-loss vehicles, with substantial overlap in the recovery-to-auction workflow that CRT operates on the front end.
• ACV Auctions: ACV Auctions is a leading technology-enabled wholesale auto auction platform serving dealers and commercial sellers. Comparable as a digital-first incumbent in vehicle remarketing that interfaces with the recovery and transport workflow CRT operates, particularly for volume dealer-channel inventory.

Others

• American Recovery Association (ARA): ARA is the largest US trade association for the repossession and asset recovery industry, certifying recovery professionals and connecting lenders to member firms. Comparable as the industry ecosystem in which CRT competes, with member firms across the country bidding on similar assignments.
• Recovery Database Network (RDN): RDN is the dominant case-management and assignment platform for the US repossession industry, serving as CRT's primary workflow backbone. Comparable as the shared industry technology platform and the awards body that recognized CRT as the nation's top LPR scanner in 2025.
• Geotab: Geotab is one of the largest commercial telematics and fleet-tracking platforms globally. Comparable as a vehicle data infrastructure provider; telematics-based recovery and location services overlap with CRT's LPR-based location capabilities at a conceptual level.
• Spireon: Spireon (including the LoJack and GoldStar brands) is a major provider of vehicle telematics, GPS tracking, and subprime locate technologies. Comparable to CRT's LPR network as a vehicle location and asset visibility infrastructure provider used by lenders and recovery professionals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/collateral-recovery-team-of-san-antonio

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Collateral Recovery Team