What is Grace Towing?
Grace Recovery Services, LLC, operating under the name Grace Towing, is a professional collateral recovery agency based in Brewton, Alabama. The company specializes in providing repossession services to lending institutions across West Virginia and southwest Alabama. Emphasizing safety and efficiency, Grace Towing is fully licensed, bonded, and insured. Its commitment to industry standards is underscored by its membership in Allied Finance Adjusters, a national trade association, and its substantial $1,000,000.00 Allied Client Protection Bond. Furthermore, Grace Towing has invested in professional development, with its agents completing Certified Asset Recovery Specialist (CARS) and Recovery Specialist Insurance Group (RSIG) training. The company also adheres to Consumer Financial Protection Bureau regulations through Vendor Transparency Solutions and is vetted by RISC and ARA compliant.
How much funding has Grace Towing raised?
Grace Towing has raised a total of $13K across 1 funding round:
Debt
$13K
Debt (2021): $13K with participation from PPP
Key Investors in Grace Towing
PPP
Public-Private Partnership
What's next for Grace Towing?
Operating at a Series A/B growth stage, Grace Towing's recent capital infusion is poised to accelerate its expansion initiatives. The company is likely to leverage this funding to enhance its fleet, expand its geographical footprint, and potentially invest in advanced recovery technologies. This strategic financial backing will enable Grace Towing to solidify its position as a leading collateral recovery service provider, meeting the increasing demands of the lending community while maintaining its commitment to operational excellence and regulatory compliance.
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