Glass Mountain Capital, LLC Strengthens Commitment to Delivering Unparalleled Recovery Results and Customer Care to Credit Issuers and Debt Buyers

PALATINE, Ill.– Glass Mountain Capital, LLC and its collection arm GMC Credit Services, an increasingly leading provider of debt recovery services, in support of its commitment to the accounts receivable management market, today announced expansion of their corporate offices and the addition of industry expert Kaye McComas to their senior management team in the capacity of VP of Business Development. These announcements underscore the company’s growth in the consumer debt management market and uniquely position the company to forge successful partnerships with their issuer and debt buyer clientele.

Kaye McComas stated, "At my direction, as Director of Recovery for Federated Department Stores, my team incorporated deliberate and intensive due diligence practices in our vendor partner selection process. It is with this same perspective I evaluated their operations and eventually selected GMC Credit as a business partner to further my career." Ms. McComas is a well regarded business development executive with broad knowledge of consumer lending, commercial lending, the financial and credit services industries. She has direct and extensive experience in all aspects of first and third party operations as well as consultative sales and marketing.

Kevin Polk, Chief Operating Officer, sees the benefit of Glass Mountain’s hiring strategy. "Having been on both sides of the fence – as an issuer, debt buyer and an agency executive – I possess the necessary expertise to tailor our collection programs to ensure we are focused on the right development programs, maximize revenue growth and margin expansion from increasing efficiencies. Recognizing this, we engage key personnel and vendors who understand our client’s pain points and goals. This is critical to our processes and overall success."

Glass Mountain’s expansion has led to the creation of new partnerships, and extensions of existing relationships, with leaders in the accounts receivables management industry. These include:

1. Software Vendor – Latitude
2. Telephony – Fonality
3. Skip Tracing – CBC Innovis, First Data, and Accurint
4. Marketing – Bartley Ventures, LLC

"As we continue our 5 year tradition of outstanding performance, we are excited about Kaye McComas joining the senior management team. Her wealth of knowledge, operational expertise and leadership skills will be an invaluable asset to Glass Mountain Capital and our clients," said Anthony Nuzzo, President and Chief Executive Officer, Glass Mountain Capital, LLC. "We look to our customers, and solicit their ideas, to help us innovate and refine meaningful recovery solutions. Going forward, we will continue to work closely with our customers to refine process automation."

About the Company:
GMC Credit Services is a nationally licensed collections agency. Learn more about Glass Mountain Capital, LLC’s debt management offerings at www.glassmountaincapital.com