National Asset Recovery Corporation Announces a Joint Venture Project With Allied International Credit

National Asset Recovery Corporation (Pink Sheets: REPO) announced today it has entered into a joint venture agreement with Allied International Credit (AIC) to develop and expand REPO’s skip tracing department.

Allied International Credit (AIC) is one of the world’s largest debt collection companies.

Chairman Bradley Wilson says that the joint venture between REPO and AIC is very exciting for several reasons:

• AIC is one of the world’s largest debt collection companies in the world
• They have over 30 years experience in the collection business
• They have created their own proprietary software which is called the Watershed Information Software
• They have highly trained and experienced personnel
• The company is well capitalized with many product lines where AIC and REPO will joint venture on in the future

Skip Tracing work is highly specialized. The work commands a much higher price tag per job, and yields larger profit margins.

With the joint venture in place between REPO and AIC, REPO is in a position to aggressively build their skip tracing department, all the while keeping their overhead low and profits high.

National Asset Recovery Company (REPO) operates as a Collateral Recovery Company that specializes in the repossession of motor vehicles, and luxury assets such as boats, planes, motor homes and commercial heavy equipment.