Emergent is offering its proprietary technology and collection capacity to credit card banks, subprime auto lenders and consumer installment lenders; including emerging online credit providers. Purchase and collection of distressed consumer debt is a large, long established business. In 2016 the industry generated $14.2 billion. A new credit cycle is emerging and data within the consumer lending sector resembles signals from the recent mortgage crisis of a potential market correction. Emergent is well positioned to participate in this next cycle.