Financial Recovery Services

Financial Recovery Services (FRS) is a highly regarded receivables management firm headquartered in Mendota Heights, Minnesota. The company employs 88 people and generates approximately $100 million in annual revenue. FRS specializes in the collection and recovery of distressed receivables for a diverse range of clients, including financial institutions, FinTech companies, retail businesses, installment loan companies, alternative lenders, credit unions, and debt buyers. Their comprehensive suite of services encompasses first and third-party servicing, as well as a variety of collection programs tailored to different stages of the debt lifecycle, from early-age to post-judgment and debt settlement. FRS distinguishes itself through its commitment to ethical business practices, compliance, and cutting-edge technology. The company emphasizes data processing, strategic planning, and a dynamic leadership team to achieve successful results for its clients. They prioritize building strong relationships with their employees and actively engage in community involvement through partnerships with organizations like Habitat for Humanity, United Way, and Toys for Tots. For more information about Financial Recovery Services and their solutions, visit their website at fin-rec.com.