In more than 12 years of service in Maine’s unique geography, Speedy Repo has provided professional vehicle recovery services to the state’s 1.4 million residents across its 35,000 square miles of land. We have served from the rocky shores of Acadia to the deep woods of Aroostook. Our state-based team understands the different challenges related to doing business in the Pine Tree State.
Our Maine operation has recovered everything from winter recoveries on off-road logging roads to boat repossessions from island communities only reachable by ferry. We have recovered everything from lobster boats in Bar Harbor, to potato farming equipment in Fort Kent, demonstrating our knowledge of Maine’s diverse economy which is largely composed of tourism, seafood, agriculture, and forest products.
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Maine’s challenging geography with its 3,500 miles of tidal coastline, forests occupying 90% of the land, and communities located on islands and in remote valleys, requires expertise. Our Maine team understands how to properly execute a nor’easter recovery by employing local knowledge, has relationships with ferry companies to access island communities, and has unique equipment to facilitate reasonable navigation of the forest roads during mud season.
Speedy Repo uses Greater Portland, Bangor, Lewiston-Auburn, and the capital region around Augusta as our largest population centers while providing coverage area to small and rural communities in Washington County, the western mountains, and Maine’s 4,600 islands. We have extensive knowledge of Maine’s seasonal economy in terms of tourism, fishing, and logging, and we know when the appropriate times are to time our recoveries around these cycles. Statistics for Maine:
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Population Served: 1.4 million
Service Area: 35,000 square miles
Active Fleet: 45 Specialized Vehicles
Average Response Time: 2.8 hours Statewide
Maine-Specific Capabilities
Coastal & Island Recovery Expertise: The Maine team excels at recovering from Maine’s 4,600 islands and difficult coastal landscapes. They have relationships with the ferry services and have recovered vehicles from Monhegan Island, North Haven and many more island communities. Agents have tide charts in their vehicles and collaborate with harbormasters.
Winter & Mud Season Work: The harsh Maine winters and its well-known “mud season” require certain methodologies and techniques that we perfected over the 12 plus years we’ve been working in Maine. We have been able to recover vehicles that were buried in snowbanks in the middle of blizzards, have accessed areas after devastating logging conditions in the spring thaw and developed efficiency measures to access camps and seasonal properties all year-long. Our fleet vehicles comes furnished with chains, winches and emergency gear typically found in Maine.
Forest Product Industry: Because the forest products industry in Maine is one of the largest sectors of the Maine economy bringing in over $8 billion in revenue per year, we consider ourselves experts in recovering logging equipment. We have successfully repossessed skidders from timber operations out in the woods, have covered activations related to private logging road systems and have worked with lumber companies operating within active harvesting seasons.
Vehicle Recovery: Our recovery rate exceeds 94% statewide including difficult rural locations, including seasonal properties.
Marine Asset Repossession: Maine has over 8,000 registered lobster boats plus many more recreational boats, and an active recreational boating culture. We maintain our specialized marine recovery capability. Our staff has licensed boat operators who are familiar with the tides, harbors, and maritime regulations of Maine.
Recreational Vehicle Recovery: Given the successful tourism industry and extensive camping culture, there are plenty of RV’s to have to locate and recover. We have recovered everything from opulent motorhomes at national parks, to ice fishing shacks on remote ponds, so we understand the patterns of seasonal access.
commercial logging equipment: We have a lot of forest industry knowledge, including the recovery of skidders and feller bunchers used every day in active timber operations. We business with companies, like SAPPI, Irving, etc., and are familiar with their operations and access road systems.
Agricultural Equipment Repossession: Given the size of Maine’s $700 million dollar agriculture industry, we are involved with the recovery of everything from potato harvesters in Aroostook County, to blueberry rakers in Washington County. These recoveries are mostly schedule dependent on their critical harvest cycles and available operational windows.
Tourism Asset Recovery: We understand the Maine tourism economy is worth $6 billion, and we work to locate and recover their assets with a minimum of disruption to their businesses during their peak seasons. This includes charter boat businesses and ski resort equipment.
Statewide Coverage Strategy in Maine
Our network for coverage throughout Maine gives us the capacity to have coverage from Kittery to Fort Kent. In a state the size of Maine that has only 90 communities with a population exceeding 4,000 people with only a little over 1/3 of the state being uninhabited forests, we know that each area will require our approach to be tailored to the geography of the area.
Metropolitan Coverage: Greater Portland (515,000), Greater Bangor (153,000), Lewiston-Auburn (107,000), Augusta-Waterville region, and Biddeford-Saco region. We work within these urban areas at response times of 1-2 hours utilizing specialized urban application recovery equipment.
Regional Coverage: we have arranged coverage for the entire State of Maine in the following four regions: Coastal, Central Lakes, Western Mountain, and Northern. Each region varies in types of equipment and types of proficiency for the the various tasks we might be called to do. For example, coastal region operations are more focused on timing tide and weather, while in the northern recovery region we are more prepared to face weather opportunities and complications of remote access.
Remote Area Locations: Maine’s main complication is not distance it is access. We have developed processes for camps only accessible by logging roads, seasonal properties that can get cut off for mud season, or island locations that require coordination or ferry’s. Our average response time to remote locations is 4.2 hours, which is phenomenal considering Maine’s amazing complicated geography.
Seasonal Access: With an estimated 30% of Maine properties being seasonal, we maintain relationship and a record of access roads. We also communicate regularly with town road commissioners and we attempt to identify recovery windows to plan the timely and strategic recovery of seasonal properties.
Maine Legal & Regulatory: Maine has a complicated repossession storyline that has legally binding repository procedures. We have identified and learned is the story of repossession legal processes compliance through 12 years of operational experience of compliance which legally we have not lost a repossession claim in any of Maine’s state court systems. Pre-Repossession Compliance: Maine has requirements for default notice times and only permits self-help repossession when there is no breach of the peace. We respect the 21-day right to cure in Maine and properly document all communications in accordance with state requirements.
One of a Kind Maine Processes: Maine law requires repossession agents to be licensed via the State Police, which we have ongoing. As well, Maine has “island statute” laws which require procedures when vehicles are recovered from island communities, which also requires notification to local harbormasters – which many out of state companies overlook.
Redemption & Sale Procedures: We follow Maine’s 21-day redemption period, and the procedures to ensure proper notification are also made to borrowers and lien holders. Our Maine office takes care of all the county clerk filings as well as remaining connected to the approved auction facilities in Scarborough, Bangor and Presque Isle.
Professional Licensing: All Speedy Repo Maine agents keep and maintain up to date repossession licenses in Maine, bonding, and insurance is above state minimums. We carry $1,000,000 liability coverage and have always kept a clean compliance record with the Maine State Police licensing division.
Our compliance rate for repossession work in Maine exceeds 99.7% and, thanks to our experience and above knowledge of recording procedure for each county, we have limited our clients’ risk of expensive legal challenges.
After 12 years of operating in Maine, we have a 94.8% success rate overall in recovering Maine repossessions, including a 91% success rate recovering vehicles, equipment and vessels from the more difficult island and remote properties. Our average arrival time is 2.8 hours for 90% of Maine, with specific protocols allowing for reduced response in Greater Portland to 90 minutes or less.
Regional Response commitment: Southern Maine (1-2 hours), Central Maine (2-4 hours), Northern Maine (4-6 hours), with emergency 24/7 coverage state wide. Our Maine team is made up of native Mainers who grew up in and became experts at navigating our local roads, including seasonal roads and building community relationships which are very important to repo success.
Professional Credentials: We are licensed Maine repossession agents and approved by the Maine State Police, bonded and insured and have specialized certifications in marine repossession and repossessing commercial equipment species directly related to Maine’s economy and natural geography.