Payment Interval Purchase Program (PIPP)
Cash Flow Challenges?
- Let CAR Financial take you from “paper rich and cash poor” to Cash Flow POSITIVE with our PIPP Program!
- Sell 6-, 9- or 12-month payment streams for up-front cash
- Retain back-end account profitability
- Receive as much as 80% of the total payment interval
- CAR collects the note at no additional cost
At the end of the PIPP term, choose from these options:
- Sell another payment stream
- Sell the entire contract using the CAR purchase program
- Have CAR service the remaining term of the contract
- Have the contract returned to you
We make it easy on you with these simple program guidelines:
- Accounts must be 30 days aged
- Have a remaining maturity that is twice the interval term purchased by CAR
- Must have a consistent pay history with your dealership
- Cars 12 years old or less and trucks 14 years old or less
Advantages to You:
- Quick cash for your receivables
- Minimum capital outlay to be in the BHPH business
- Take the pressure off your cash flow
- Maintain control of you customer and the back end profits of your portfolio
- Reduce capital exposure on outstanding debt
- Reduce servicing overhead costs—We do the collections for you
- Enhance operating efficiency
- Concentrate on SALES so you SELL MORE CARS
- We can process weekly, biweekly, semi-monthly or monthly payments
For more information
Contact your CAR representative
Or call 877-570-8857
Complete our online information request form or call 877-570-8857.