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- Overview
- Representative Experience
- Education
Joe Shugrue has an extensive background within the equipment leasing industry. With over 10 years of experience, Mr. Shugrue has a successful track record in recovering funds for secured creditors well before any kind of litigation process occurs. Throughout his career, he has guided multiple financial institutions to achieve a well performing portfolio while also minimizing the risks/costs. He is considered an expert in collection matters and the art of negotiation.
- Managed a $1 Billion portfolio to maintain a 30+ delinquency rate of less than 1%.
- Designed collection platforms to improve the delinquency and drive revenue.
- Generated month over month, quarter over quarter and year over year reports detailing various metrics within the delinquency portfolio.
- Have negotiated countless payoffs and payment plans with franchises such as Subway, Ryder, Auto-Logic and Snap-On.
- Negotiated with customers to pledge assets to payback debts owed when the original assets had no value.
- AA: Hospitality, University of New Hampshire