Quiktrak and Portfolio Financial Servicing Company Announce Cross-Marketing Agreement

PORTLAND, OR.   Quiktrak, Inc., the leader in field inspection and inventory auditing services, today announced a cross-marketing agreement with Portfolio Financial Servicing Company (“PFSC”), one of the largest independent servicers of asset-backed contracts in the US.  Under the terms of the agreement, Quiktrak and PFSC will jointly market products and provide referrals across a wide range of services and solutions.

Cross-marketing efforts between Quiktrak and PFSC will offer asset-based lenders ease of access to a complimentary array of due diligence and servicing solutions.  As an additional benefit to clients being referred, Quiktrak and PFSC will offer discount pricing to referrals.  “Our two companies have enormous synergy.  We are confident our expanded relationship with PFSC will greatly benefit our clients and the industry,” said Jim Merrilees, President of Quiktrak.

“Consistent with our ongoing strategy to align PFSC with high quality service providers in the marketplace, this relationship with Quiktrak will afford our existing and future clients an opportunity to acquire additional high-value services in a cost-advantaged way.  The cultures of our respective companies are very similar, with a keen focus on the customer,” said John Enyart, President of PFSC.

About Portfolio Financial Servicing Company

Headquartered in Portland, Oregon, Portfolio Financial Servicing Company is one of the nation’s largest independent third party servicers of leases, loans, and structured settlement contracts for both commercial and consumer accounts. Founded in 1992, PFSC provides a broad range of servicing solutions for leases, loans, and other financial assets. PFSC also provides back-up servicing as well as a la carte services such as sales and property tax reporting and compliance, multi-state vehicle titling, insurance tracking, document and title custodian services, and more.  For more information about PFSC call (800) 547-4905 or visit www.pfsc.com.

About Quiktrak

Headquartered in Beaverton, Oregon, Quiktrak is a leading provider of a wide range of due diligence services including equipment verifications, site inspections, condition reports, collections and inventory auditing services.  Founded in 1991, Quiktrak utilizes cutting-edge technology and a network of more than 600 inspectors to provide the industry’s most reliable and trusted field inspection services.  Quiktrak’s due diligence services help protect the assets of industry leading lenders, captive finance groups, and leasing companies in the US, Canada and the UK.  For more information about Quiktrak call (800) 927-8725 or visit www.quiktrak.com.