Financial Recovery Services

FRS is a highly regarded, nationally licensed receivables management firm headquartered in Mendota Heights, MN. We have three domestic locations and a near-shore solution in Montego Bay, JA. The collection and recovery of distressed receivables is our core competency. Our offerings include first & third-party servicing and early-age, late-stage, out-of-statute, pre-legal, pre-litigation, post-judgment, and debt settlement collection programs. Our diverse client base includes financial institutions, FinTech, Retail, Installment Loan companies, alternative lenders, credit unions, and debt buyers. Our enterprising approach to successful results, strategies, compliance, data processing, and technology, coupled with a dynamic leadership team, makes us a best-in-class organization. Founded in 1996, ownership has focused its efforts on building its core values and beliefs and developing its greatest asset, the employees. FRS strives to improve its employee's livelihood and the infrastructure to facilitate the improvement. We encourage community involvement through various programs such as Habitat for Humanity, United Way, Toys for Tots, and other charitable organizations. FRS operates with the highest ethical behavior creating integrated and compliant business practices and standards. We optimize our internal performance through effective and compliant business process management and workflow tools. We maximize liquidation results and reduce risks by dovetailing our intellectual capital and collection tools with the right project and team. As an FRS client, we develop customized solutions that align with your work standards and exceed your expectations without compromising your brand. Our values consist of our Clients, our Goals, our Commitment, our Expectations, our Employees, and our Community. Our Values of Trust, Integrity, and Excellence are the benchmark that all seek.