About OPENLANE

Recovery service providers now have the ability to support the sale of lender's vehicles through OPENLANE's leading online auction at www.openlane.com. Instead of sending vehicles to a physical auction for sale, recoveries can be auctioned online directly from the recovery company's lot, reducing remarketing time and expense, and allowing the recovery service provider to offer full value-added recovery and remarketing services. National financial companies such as Chase and Santander utilize OPENLANE for online wholesale remarketing for their recoveries.

OPENLANE's recent acquisition of the Recovery Database Network (RDN) means that both lenders and recovery service providers can also enjoy the benefits of an industry leading recovery assignment technology platform from RDN, AND complete end-to-end vehicle remarketing services from OPENLANE. It's a true total lifecycle solution that's unmatched! Learn more about RDN at www.recoverydatabase.net.

PLUS – OPENLANE is expanding its integration with other recovery assignment and management software companies to allow lenders and recovery service providers to easily list and sell recovered collateral at OPENLANE.com. Current integration partners include iRepos, Re-Pros and PRIOS.

TO GET STARTED: Call (866) 366-4026 or email recovery@openlane.com.