GPS collateral monitoring for equipment lenders

You hold the lien.
We hold the location.

CollateralSentry puts a GPS unit on every machine you finance and watches it around the clock — installed by our field network, monitored from one dashboard, priced per device. Your credit team never leaves the office.

11,741new UCC-1 filings scanned in one state over 90 days
5,964pieces of financed equipment identified in those filings
741trackable machines found on the books of just five lenders

Source: CollateralSentry scan of Colorado Secretary of State UCC-1 records, 90-day window, 2026.

Why now

A lien tells you it exists. Not where it went.

A UCC-1 filing perfects your security interest — and that's all it does. The machine itself can be on a job site three counties away, sublet to another contractor, or sitting in an auction yard, and your file looks exactly the same.

When an account goes past due, the recovery clock starts at "find the machine." Skip tracing a 40,000-pound excavator by phone takes weeks. A GPS ping takes seconds — and the difference shows up directly in your charge-offs and your recovery costs.

GPS is already becoming a standard collateral condition on new paper. The lenders who wire it into their loan docs now get the compounding benefit: every new deal enrolls automatically.

Most financed equipment carries no tracking at all. Yours doesn't have to be in that column.

How it works

From loan tape to live map, without adding headcount.

We run the whole tracking operation as a service. Four steps, and only the first one needs anything from you.

STEP 01

Map your book

Send a loan tape, or let us build the list from your UCC filings. You get back an asset-by-asset schedule: what's trackable, where the borrower is, what it costs.

STEP 02

Install in the field

Our technician network installs hardened GPS units at the borrower's yard or job site. Scheduling, dispatch, and verification are on us.

STEP 03

Monitor 24/7

Every unit reports to one dashboard: location history, geofence alerts, movement flags on past-due accounts, and monthly fleet reports for your credit committee.

STEP 04

Recover fast

When an account defaults, you have a live pin, not a last-known address. We hand your recovery agent the location and the movement trail.

Pricing

Priced per device. Paid back by one avoided charge-off.

No platform fees, no minimums beyond the pilot fleet, no long-term lock-in. Volume pricing at 100+ devices.

Monitoring, per device per monthfrom $29
Hardware, one-time per device$30–100
Professional install, one-time$50–150
Dashboard, alerts & reportingIncluded
Consent-to-monitor loan languageIncluded
  • The math is short. A single mid-size excavator that walks off is a six-figure loss. Monitoring a hundred machines runs about $35k a year.
  • Consent built into the paper. We provide draft consent-to-monitor language for your loan documents — reviewed by your counsel, signed by every borrower at closing.
  • Compounds on its own. Once tracking is a funding condition, every new deal enrolls at closing. No retrofitting campaigns, no chasing borrowers.

The pilot

60 days. 10 machines. Zero lift on your side.

Pick ten units from your current book. We install, monitor, and report for sixty days so your credit committee can judge the results on your own collateral — not a demo.

Or write directly: josh@collateralsentry.com

PILOT TERMS
10 devices, your collateral
60-day term, month-to-month after
Install & dispatch handled by us
Weekly location reports
Cancel at term, keep the data