Our Story
For nearly four decades, Monterey Financial has helped businesses grow through smarter, more accessible financing. What began as a small collection agency has evolved into a trusted, full-service and national receivables management partner offering consumer finance, loan servicing, and delinquent debt collection to clients across a wide range of industries.
From the start, our focus has been on doing business the right way, with integrity, performance, and partnership at the core. Over the years, we have built lasting relationships by delivering consistent results, maintaining strict compliance, and treating our clients’ customers as if they were our own.
In 1996, Monterey built its 27,000-square-foot headquarters in Oceanside, California—a space designed to foster collaboration and innovation. Today, our success is driven by a skilled team of more than 120 full-time employees dedicated to helping our clients grow. We view our people as our greatest asset, and our long-term retention reflects that commitment: over 40% of our staff have been with Monterey for ten years or more. Competitive salaries, bonuses, and comprehensive benefits create a positive work environment that has earned Monterey recognition as one of the Best Places to Work in Collections and as a San Diego Business Journal Best Place to Work for three consecutive years.
Our growth has always been intentional. We reinvest profits to expand our capabilities, and today Monterey operates with the financial strength and flexibility that stem from a diversified capital base, including three distinct funding sources. This financial stability enables us to say “yes” to more businesses and support them with programs tailored to their unique goals across economic cycles.
After more than 35 years, our mission remains unchanged: to empower businesses to sell more, recover more, and reach their full potential through responsible, performance-driven finance solutions.