Sell Buy Here Pay Here Accounts
by Admin
Posted on 21-09-2023 04:16 PM
The defi team
september 6, 2017
x-general news
at an august 2017 webinar, host nick zulovich, senior editor at subprime auto finance news & bhph report introduced randy spradlin, vp of sales for defi exchange, who discussed the ins and outs of holding versus selling buy here pay here auto loan notes. Randy took an in-depth look at the cash flow, profit, capital requirements and roi of both options and talked about the top 10 attributes lenders look for in bhph portfolios and what dealers can do to make sure their portfolio sells on defi exchange for top dollar. “we had a fantastic turnout,” said randy, a lending industry veteran named one of this year’s movers & shakers by subprime auto finance news.
If you’re looking for the most efficient way to build capital for your dealership, it’s to sell your auto loan portfolio on a buy-here-pay-here basis without adding new debt to your business. According to auto note buyers , this method provides dealers with more opportunities to expand their business, such as funding more customers, acquiring new locations, purchasing more products, and more. In this article, we’ll take a look at the pros and cons for a person or company that sells auto notes with debexpert, so you can maximize your capital in the best possible way!.
Top level keywords: bhph, portfolio, sell, buyers, negotiate, sale longtail keywords: buy here pay here (bhph) portfolio how to.
Buy Here Pay Here dealers
Unlike most new and used car dealerships, your buy here pay here (bhph) dealership has a unique business model centered on providing in-house auto financing to credit-challenged car buyers. The portfolio program can help bhph car dealerships improve cash flow and profitability for their business. We handle the collections so you can focus on what you do best – selling cars.
Rather than put up your own capital to finance a customer’s vehicle and manage the collections, your bhph dealership can enroll in our program without having to worry about the underwriting or collections hassle.
Passtime’s bhph gps intelligence solutions feature cutting-edge technology, including automated collection technology (act), proven to help credit-challenged consumers pay on time (and speed up recovery when they don’t. )protect assets and reduce risk with bhph gps solutions if a buyer misses a payment, defaults, or skips town, auto dealers and finance companies are at risk of losing valuable assets and associated profits. Prevent losses with passtime’s intelligent buy-here-pay-here gps devices. - locate a vehicle with pin-point accuracy - mitigate risk through data analytics - make more informed business decisions specifically designed for auto dealers, our buy-here-pay-here gps solutions ensure: - fewer defaults - fewer delinquencies - easier, lower cost recovery.
Are you a buy here – pay here or lease here – pay here auto dealership? do you need access to capital to support your growth? leverage your portfolio to provide capital for additional loans, inventory, or general working capital with a line of credit. Flexibility to grow obtain capital based on your biggest asset – receivables – which gives you the flexibility to grow. Control of your time horizon we customize financial solutions so you can take charge of how you want to manage your business finances. Aligned with your business model we align our unique cash-flow analysis, industry knowledge, and innovative technology to your business.
Sell your bhph loans improve your dealership's profits with our smart solutions. A bulk portfolio transaction is commonly used in the buy here, pay here industry as a primary method of generating operating capital. Many dealers experience a cash flow shortage as they sell more inventory, especially during tax season. Selling all or a part of your buy here, pay here portfolio can be a solution to help inject cash into your business. Additionally, selling your accounts will allow you to profit quicker while reducing your portfolio exposure. Guaranteed money today is more valuable than potential money tomorrow! sell your bhph portfolio with sell your paper!.