NLEX Becomes RMAI Certified Broker
NLEX Earns Designation of Certified Receivables Vendor in RMAI's Receivables Management Certification Program (RMCP)
[Edwardsville, IL] – [November 22, 2019] – National Loan Exchange, Inc announced today that it has earned the highly regarded designation of Certified Receivables Vendor (CRV) after fulfilling the comprehensive national standards contained in RMAI’s Receivables Management Certification Program (RMCP). These standards have been recognized for exceeding state and federal laws and regulations through a series of stringent requirements that stress responsible consumer protection through increased transparency and operational controls.
“As President of RMAI, I am excited to announce that NLEX- one of the largest Brokers in the Receivables Industry is now a Certified Receivable Vendor (CRV) of RMAI. It is a significant accomplishment to receive this designation. NLEX has demonstrated its commitment to adhering to rigorous consumer protection and professional standards that not only meet but often exceed state and federal regulatory requirements. Certified businesses such as NLEX-National Loan Exchange Inc. set the global standard for the receivables management industry.” - RMAI Board President Marian Sangalang.
“NLEX is excited to have completed the RMAI certification process,” said Chris Jenkins, Vice President of Sales at National Loan Exchange, Inc. “We continue our 25+ year tradition of leadership, compliance, security, and best in class service. This certification is a symbol of our commitment to always raising the bar.”
The CRV broker designation is granted to businesses who comply with rigorous standards concerning compliance, background checks, insurance, data security, vendor management, broker agreements, transactional due diligence, and establishing buyer and seller prerequisites. The expansion of the RMCP to include brokers allows RMAI to provide a “single compliance footprint” to the receivables management industry by touching on every stage of the debt lifecycle.
For more information about RMAI’s Certified Receivables Vendor Program, or to download an application, please visit RMAI’s website at www.rmaintl.org/certification.