Backup Loan Servicing
Diversify Your Counter-Party Risk
Paramount Capital Group is revolutionizing backup loan servicing with new levels of backup servicing. In today’s landscape, backup servicing is required for companies on credit facilities and securitizations unless a AAA rated financial institution relies on the continuity of loan servicing. We offer a comprehensive, personalized, and dependable solution to backup servicing during times of uncertainty.
As an end-to-end loan servicing company, we can offer scalable solutions with broad functionality. Our platform includes seamless and dynamic backup solutions, robust data and analytics in real time, and secure, geographically diverse data backup. We’re ready to step into primary servicing roles when you most need us, not months later.
Backup Loan Servicing Solutions
Readily Available Backup Solutions
More than 27 years of primary loan servicing experience allows us to provide continuous backup services and step into the primary servicing role when required.
Dedicated Partner Success Manager
Communicate and build a relationship with your dedicated Partner Success Manager, who will create a customized loan servicing program.
Innovative and Fully Integrated Technology
Maintain Servicing Continuity
In the face of disruptions, we provide continuous backup solutions to protect and preserve your loan portfolio.
Truck Your Backup Solutions
Paramount has been an end-to-end loan servicer for 27 years. You can rely on our personalized solutions and real-time analytics.
Secure, Dependable Data Storage
Enjoy the highest levels of security with our geographically diverse backup system.
Features
Backup Servicing You Can Trust
Paramount has been in primary loan servicing for 27 years. We put this experience to use as a dependable backup loan servicer, which is approved by the rating agencies.
Secure Data
Protecting your data is a high priority. We keep it secure with state-of-the-art infrastructure and diverse backup locations.
Continuity
We know that waiting too long for backup services to begin can be costly. Our hot backup ensures effective continuity.
Dedicated Partner Success Manager
Enjoy a seamless transition and proactive support by working with a dedicated partner success manager.
Data, Analytics, and Reporting
We provide unparalleled visibility into your portfolio with real-time, meaningful, and automated analytics and reports.
FAQS
How long has Paramount been a loan servicer?
Paramount Capital Group has been a primary loan servicer since 1997. With more than 27 years of experience, we are a natural partner for your backup loan servicing needs.
What makes Paramount different from other backup loan servicers?
Many firms offering backup servicing either don’t understand the asset, or don’t have a call center to take over on a “trigger event”.
Paramount’s backup servicing programs change the dynamics in the industry by adding real-time reporting to many back-up programs.
How does Paramount manage data synchronization?
Our flexible platform allows us to take your data in any format and convert it automatically into our system with less hassle and a high degree of customization.
How are reports generated?
Reporting is customized, so you can get the insights you need as you need them. Generate customized and automated reports in real time at no additional cost.
How does Paramount secure data?
We back up data in multiple locations at high-tech, secure data centers. They include encryption technologies, robust access controls, and physical security protocols.
What if I have questions about backup services?
Paramount assigns every client a dedicated partner success manager to oversee your backup services and for ongoing, on-demand support.