National Asset Recovery
- Company typePublic
- Founded1993
- HeadquartersMiddleburg, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
National Asset Recovery firmographics
Firmographics- Name
- National Asset Recovery
- Legal name
- National Asset Recovery Corp.
- Website
- https://narsrepo.com
- Company type
- Public
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
National Asset Recovery industry classification
Industry- Product category
- Asset Recovery and Repossession Services
- NAICS
- Collection Agencies (56144)
- akta.pro primary industry
- Repossession & Asset Recovery (Non-mortgage) (FSAKAJAF)
- akta.pro secondary industry
- Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery) (BPAAAEAE)
Keywords
Where National Asset Recovery is headquartered
LocationHeadquarters
- HQ city
- Middleburg
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
National Asset Recovery business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Asset Recovery Services: Fees charged to financial institutions and lending companies for the retrieval of collateral assets including vehicles, yachts, watercraft, exotic vehicles, and aircraft. Services include repossession, transportation, storage, and remarketing.
- Impound Recovery Services: Fees for swift and efficient collateral release from impound facilities, including documentation and law enforcement coordination.
- Transportation Services: Fees for secure transport of recovered collateral to auction or client-specified destinations, including chain of custody documentation.
- Vehicle Storage: Fees for around-the-clock storage at secured facilities with lighting, fencing, alarms, and comprehensive insurance coverage.
- Locksmithing Services: Fees for mechanical key crafting, transponder programming, and smart key services to minimize transportation expenses and reduce damage risk.
- Investigation Services: Skip tracing and investigation services performed by Ohio Licensed Private Investigators to locate hard-to-find collateral assets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based pricing for financial institutions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
National Asset Recovery product offering
Product offeringCore offering
National Asset Recovery Specialists, Inc. (NARS) is a bonded and insured repossession and asset recovery company that retrieves collateral on behalf of financial institutions, credit unions, and specialty finance companies. Core services cover vehicle, yacht, watercraft, exotic vehicle, and aircraft recovery, supported by skip tracing, impound recovery, secured transportation, vehicle storage, locksmithing, and licensed investigations. Operations are delivered through nine Ohio regional offices with coverage into select counties of Michigan, Indiana, and Kentucky, plus nationwide watercraft recovery on a case-by-case basis.
Product overview
National Asset Recovery Specialists, Inc. (NARS) operates as a fully bonded and insured repossession service specializing in asset recovery for financial institutions and lending companies. The company's core offering is an integrated asset recovery platform comprising Vehicle Asset Recovery, Yacht & Watercraft Recovery, and Skip Tracing as primary services, supported by Impound Recovery, Transportation, Locksmithing, Investigations, Field Contact, and Vehicle Storage as operational support services. The company also provides customer-facing booking services for Vehicle/Property Release and Transport Release appointments, along with a Claims Form for dispute resolution. NARS delivers end-to-end solutions spanning asset location, recovery, transport, storage, and remarketing, with coverage across Ohio and select counties in Michigan, Indiana, and Kentucky, plus nationwide watercraft recovery services.
Differentiator
Problem solved
Functional benefit
Products and services
- Vehicle Asset Recovery
Quantifiable outcome
- Over two decades of track record in asset recovery
- +1 more outcomes
Companies that use National Asset Recovery
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
National Asset Recovery technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
National Asset Recovery partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Allied Finance AdjusterscoreMembership organization providing continuous education, rigorous compliance verification, and the Allied Client Protection bond ($1,000,000 safeguard) for clients. NARS maintains this membership to ensure adherence to industry standards and regulations.
- C.A.R.S. (Certification)coreIndustry certification body for repossession professionals. NARS holds certification from C.A.R.S., demonstrating compliance with industry standards and best practices.
- RSIG (Certification)coreIndustry certification organization for repossession services. NARS holds RSIG certification as part of their compliance credentials.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
National Asset Recovery competitors and assessment
Company assessmentBroad incumbents
- Spireon (LoJack): Provider of vehicle telematics, GPS tracking, and stolen-vehicle recovery solutions including the LoJack brand. Comparable to NARS because its technology is often used to locate collateral prior to repossession and its finance-channel solutions overlap with NARS's skip tracing and recovery services.
- Copart: Largest U.S. online vehicle auction company handling salvage, insurance total-loss, and lender-repossessed vehicles. Comparable to NARS because it operates at the downstream remarketing end of the same repossession-to-disposition workflow, often receiving vehicles recovered by agencies like NARS.
- Allied Solutions: Provider of collateral protection, insurance, and recovery services to banks, credit unions, and finance companies. Comparable to NARS because it supports the same institutional lender clients with skip tracing, collateral recovery, and remarketing-adjacent services.
- KAR Global (Adesa): Provider of vehicle remarketing services and auction platforms to fleet operators, dealers, and lenders. Comparable to NARS because it captures value from the same recovered-collateral workflow that NARS's repossession services feed into.
- Manheim (Cox Automotive): Largest U.S. wholesale vehicle auction operator, handling repossessed and dealer-trade vehicles. Comparable to NARS because it provides the remarketing destination for many of the same collateral assets NARS recovers for lenders.
- IAA (Insurance Auto Auctions, now part of RB Global): Major salvage and total-loss vehicle auction operator serving insurance carriers and lenders. Overlaps with NARS's remarketing and transportation support services for recovered collateral, particularly for total-loss and specialty assets.
Emerging players
- Towbook: Cloud-based towing and repossession management software platform serving recovery agencies. Comparable to NARS because it powers dispatch, scheduling, and chain-of-custody workflows for the same repossession operator customer base.
Others
- American Recovery Association (ARA): National association and recovery network for licensed repossession professionals. Comparable to NARS because NARS operates within the ARA-aligned certification and compliance ecosystem and competes against ARA member agencies for the same institutional lender assignments.
Direct peers
- Pavago (repossession services): U.S. repossession and asset recovery agency serving lenders with vehicle and specialty collateral recovery. Comparable to NARS because it competes directly for the same bank, credit union, and specialty finance assignments in overlapping Midwestern geographies.
- Clearplan Recovery Solutions: Regional repossession and recovery services firm serving financial institutions in the Midwest. Comparable to NARS because it offers the same core collateral recovery, skip tracing, and transportation services to bank and credit union clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
National Asset Recovery social profiles
Digital presenceNational Asset Recovery compliance and trust
Trust signalCompliance4 records
National Asset Recovery financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Asset Recovery leadership team
Management profileNumber of profiles
National Asset Recovery subsidiaries and ownership
Company hierarchySubsidiaries1 record
National Asset Recovery funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Asset Recovery M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about National Asset Recovery
What does National Asset Recovery do?
National Asset Recovery Specialists, Inc. (NARS) is a bonded and insured repossession and asset recovery company that retrieves collateral on behalf of financial institutions, credit unions, and specialty finance companies. Core services cover vehicle, yacht, watercraft, exotic vehicle, and aircraft recovery, supported by skip tracing, impound recovery, secured transportation, vehicle storage, locksmithing, and licensed investigations. Operations are delivered through nine Ohio regional offices with coverage into select counties of Michigan, Indiana, and Kentucky, plus nationwide watercraft recovery on a case-by-case basis.
Is National Asset Recovery a public or private company?
National Asset Recovery is a public company. It is classified as public and is currently operating.
When was National Asset Recovery founded?
National Asset Recovery was founded in 1993. It employs 51 to 100 people.
Where is National Asset Recovery based?
National Asset Recovery is headquartered in Middleburg, United States, in the North America region.
How does National Asset Recovery make money?
Six revenue lines are on record. Asset Recovery Services are the primary driver. The others are impound Recovery Services, transportation Services, vehicle Storage, locksmithing Services and investigation Services.
Who are National Asset Recovery's main competitors?
Broad incumbents on record are Spireon (LoJack), Copart, Allied Solutions, KAR Global (Adesa), Manheim (Cox Automotive) and IAA (Insurance Auto Auctions, now part of RB Global). Towbook is listed as an emerging player. American Recovery Association (ARA) is listed as an others. Direct peers are Pavago (repossession services) and Clearplan Recovery Solutions.
Does National Asset Recovery have an API?
No public API is recorded for National Asset Recovery.
What industry is National Asset Recovery in?
National Asset Recovery's product category is Asset Recovery and Repossession Services. Its primary akta.pro industry code is FSAKAJAF, Repossession & Asset Recovery (Non-mortgage), with a secondary code of BPAAAEAE, Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery). Its NAICS code is 56144.