Resolvion

Resolvion is a provider of skip tracing and repossession management services, focused on optimizing vehicle recovery for financial institutions, including banks and credit unions. The firm enhances recovery efforts with comprehensive compliance measures. Founded in 2019, Resolvion operates out of Charlotte, US, specializing in the vehicle recovery sector. The company is led by CEO Mike Levison, who has a history of entrepreneurial ventures in the financial services industry.

Resolvion has not undergone any notable pivots or changes in its business model since its inception. Resolvion specializes in skip tracing and repossession management services, targeting the vehicle recovery sector for financial institutions, including banks and credit unions. The company’s core offerings include asset recovery, expert skip tracing, license plate recognition (LPR), and specialty repossessions, all designed to optimize vehicle recovery efforts while minimizing risks associated with compliance and operational inefficiencies. Resolvion’s comprehensive compliance program encompasses rigorous processes that apply to both in-house teams and external recovery agents, ensuring adherence to regulatory standards across multiple states.

The firm serves a diverse client base, including notable financial entities such as JP Morgan Chase, Hyundai Acceptance, and Fifth Third Bank, with operations spanning multiple geographical markets, including the United States and various territories that require licensed recovery services. Resolvion generates revenue through contractual agreements with financial institutions that utilize its repossession and skip tracing services. The structure typically involves service fees based on successful recoveries and operational processes, aligning with the needs of both consumer and commercial lenders. By contracting with licensed recovery agents, Resolvion provides a cost-effective solution for its clients, which may involve a tiered pricing model based on the complexity of the recovery task.

The company's flagship services, including expert skip tracing and license plate recognition solutions, are integral to maintaining competitive pricing and ensuring maximum recovery rates. Transactions are primarily B2B, with financial institutions engaging Resolvion's services to enhance their asset recovery outcomes while ensuring compliance with regulatory standards.