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CapQuest Chooses Phoebus Software - 07/01/2009

CapQuest Chooses Phoebus Software

CapQuest Group Limited, a market leader in the purchase, management and collection of both secured and unsecured consumer debt has chosen Phoebus Software’s mortgage servicing product suite, including its facility for specialist servicing of delinquent portfolios, for its secured servicing operation, CapQuest Mortgage Servicing (CMS).

CapQuest’s Group Operations Director, Tommy Musgrave, said, “For us, the decision to use Phoebus Software made absolute business sense. The servicing product provides maximum operational flexibility and is rich in the functionality that our clients require, particularly in the current economic environment. Phoebus’ ability to support CMS is further enhanced by their proven track record delivering outstanding mortgage servicing solutions. We are looking forward to a long and mutually beneficial partnership with Phoebus.”

Phoebus Software’s CEO, Robert Lintonbon, comments, “We are very pleased to welcome this well-respected organisation as a new client of Phoebus Software. CapQuest’s choice of Phoebus is a testament to the strength of our servicing software, especially our ability to service delinquent portfolios.”

“We are continuing to enjoy substantial interest in our range of products, in particular servicing and Esave. Our in-depth knowledge of the lending business, and our ability to deliver innovative rental software coupled with ‘book size’ costing opportunities, has led to the arrival of a number of new clients. We look forward now to a long term partnership with CapQuest.

More information - contact:
Simon Hall or Sandra Portas
HALLS, High Silver House, Holt, Norfolk, NR25 6BN
Tel: 01263 715900
Tel: info@hallspr.com

The information contained in this press release is correct at the time of writing.

Editors Notes

About CapQuest
CapQuest is a market leader in the purchase, management and collection of both performing and sub-performing consumer credit.

For over 20 years it has delivered outstanding credit management solutions to a wide variety of household names in consumer finance from across the UK.

CapQuest’s business has diversified and grown considerably over the past few years and continues to create value for both clients and investors. CapQuest’s success is underpinned by its ongoing commitment to developing talented people and continued investment in pioneering arrears servicing technology.

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