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Leads360 and Prime Debt Soft Collaborate to Launch DebtSuite Software to Serve Growing Debt Industry

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Leads360 and Prime Debt Soft Collaborate to Launch DebtSuite Software to Serve Growing Debt Industry

The first integrated lead management and debt settlement processing solution releases ahead of The Association of Settlement Companies.

Los Angeles, (Aug. 18, 2008) Leads360 Inc., the market leader in the lead management software industry, announces its integration with debt settlement software provider Prime Debt Soft. The mortgage industry’s decline has been disastrous for many companies, but Leads360 continues to flourish as it expands into the next growing industry, debt.

While mortgage originations have decreased by 18% in 2008, according to the Mortgage Bankers Association, the debt settlement and consolidation industry is booming. To capitalize on this growing trend, Leads360 has adapted their business model and steadily expanded its customer base with growing debt resolution providers.

By integrating with Prime Debt Soft, the premier software used by debt settlement and counseling companies, Leads360 will quickly establish a dominant position in the debt resolution market. Leads360 currently serves more than 30 debt settlement companies and expects that number to expand to more than 100 before the end of the year.

The partnership has been highly anticipated and welcomed by the debt industry. The integrated solution known as "DebtSuite," allows customers to receive, contact and manage heavily indebted consumers from the moment they enter an Internet inquiry to the point at which they are able to regain financial solvency.

"In Leads360 we saw their unique commitment to creating a product that is fully customized for our debt settlement and consolidation clients," said Eugene Karlson, sr. business developer at Prime Debt Soft. "We know the value of our complete debt processing software solution but we needed to give our clients a sales and marketing advantage. We knew that Leads360 could help us do just that."

Nick Hedges, SVP of Strategy at Leads360, is excited for the opportunity: "As the debt industry grows, we continue to see an increasing number of inquiries from debt resolution companies. Leads360’s partnership with Prime Debt Soft enables us to provide a highly efficient process to enroll consumers and start them along the path to financial freedom and capitalize on a booming market."