The loan portfolios for these businesses are, on average, higher risk than those of the new car dealer. As a result, the default rates are also higher. This reduces their risk and allows them to remarket their cars faster. In many cases, profit gains of several hundred percent are not uncommon. Construction The construction business, like the used car business, is high risk.
Construction sites are the target of recurring theft.
Materials and equipment regularly disappear. Heavy equipment is extremely expensive and since job sites are often remote, the problem of location and recovery is compounded. In addition, it is not uncommon for employees to use corporate assets for their own personal use on weekends or for side jobs. With Tracker's siteTraxx TM line of construction products, location difficulties become a thing of the past. We can pinpoint the location of the asset to within 36 feet and send a detailed map to the owner for recovery purposes.