General Information:

Program Parameters:

A. How many current units (accounts and collaterals) do you have in your lease / loan portfolios?

Lease:         Loan:   

B. Are you looking for tracking services for new and existing business, or new business only? Is this a start-up operation? Please explain.

C. Please indicate your origination volume by quarter for the past 4 quarters by portfolio.

D. What are your growth expectations over the next twelve, twenty-four, and thirty-six month by portfolio? (Please state this in terms of those units subject to tracking.)

E. Would you describe your business as commercial or consumer lending / leasing?

F. Do you do fleet lending / leasing?

G. On a percentage basis, please indicate the breakdown of your portfolio by collateral type.

  Private Passenger Auto (autos, vans, motorcycles)       Trailers

  Heavy Trucks       Light / Medium Duty Trucks

  Buses-over 15 passengers       Recreational Vehicles    

  Other...please describe

H. Are there multi-collateral loans / leases within the portfolios described above

I. Do you currently utilize an "Agreement to Provide Insurance" process at loan / lease origination? What is your current process of obtaining insurance information at origination and throughout the life of the lease / loan?

J. Please describe the quality of your loan and lease portfolios (A-Excellent throughD-Subprime.)

K. What percentage of the leases that you originate are indirect / direct?

     %(Direct)        %(Indirect)  

L. Do you currently contract with an insurance tracking vendor? If so, please indicate their name and describe the service levels that they provide (# of phone calls, # of letters, reports, standards, etc.). If you are currently utilizing an outside tracking vendor, do you have a written "participation agreement" or contract with them at this time. If so, are there any specific agreements of which PLLS should be aware? If appropriate, please provide a copy of the contract.

Motivations:

A. What are your motivations in purchasing tracking services (risk management, legal considerations, elimination of back-office expenses, etc.)? Please explain.

B. If considering a move from a current tracker, what are our motivations for considering the move. What have been your disappointments with your current tracking provider? What are the most satisfying aspects of your current program / tracker?

Other:

A. What is your expected program implementation timeline?

B. Do you currently have Contingent Liability Insurance* protecting you from the vicarious nature of leasing? What are the tracking expectations that are dictated in this policy?

C. Do you currently have Contingent Physical Damage* Insurance covering your lease portfolio and / or Blanket Collateral Protection Insurance* covering the loan portfolios? What are the tracking expectations that are dictated in these policies?

D. Do you currently have a "forced placed" insurance program* in place on the loan portfolios? If so, is the program one that you wish to continue?

In addition to consumer or commercial vehicle insurance verification and tracking, are you interested in:

Pre-Funding Insurance Verification Services

Asset Remarking / End of Term Service

Assignment / Default Management Services

By Submitting this application, I represent that all of the above and enclosed information is true, accurate, and complete to the best of my knowledge, and understand that material misstatements of information may void the tracking arrangements agreed to based on this information.

*Programs that PLLS can provide, if desired