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March 29, 2006
On November 29, 2005, an application was submitted to us for a customer who had very bad personal credit. The customer was looking for a dump truck, but, we wanted to secure 2 vehicles as additional collateral. We equipped all of the vehicles with your REAL TIME GPS TRACKING SYSTEM, allowing us to monitor the location of all our collateral at ANY TIME.
We had used your system in the past to locate equipment. Because we deal with customers that have poor credit histories, we often have customers that default on their contracts. We are confident that, in the event of a default, we will be able to locate and recover this equipment as well.
We recommend the use of these devices to anyone who is interested in mitigating their risk when dealing with customers with GOOD or BAD credit whenever possible. By installing tracking devises on additional collateral, we are able to less risk averse and earn a higher rate of return on the transaction.
The REAL TIME GPS TRACKING SYSTEM devised by GPS PROTECTED is a product for which I reserve only my most sincere superlatives. I am more than happy to have had the opportunity to provide this recommendation and encourage interested future customers to contact me directly so that I may share the positive experiences I have had with the devise.
(All the listed collateral was later recovered after a default by our client)
Sincerely,
Managing Director
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