PAYMENT INTERVAL PURCHASE PROGRAM

(PIPP)

Let CAR Financial Services show you how to convert your accounts into cash today

  • Sell a sequential series of payments for upfront cash from your retail or lease contracts
  • Retain back-end contract ownership and long term profitability
  • CAR provides all collections on accounts
  • Receive an advance based upon the gross payment interval sold

At the end of the PIPP term, YOU decide!

  • Sell another interval to CAR for more cash
  • Sell the remaining accounts that qualify to CAR under our Bulk Purchase Program
  • Allow CAR to continue to service the account (for a fee based upon actual collections)
  • Take the contract back from CAR and service it yourself

We make it easy on you with our simple program guidelines

  • You provide payment history and customer account detail
  • CAR can provide detailed reporting based upon your needs

Want to collect the accounts yourself?

Advantages to you

  • Immediate Cash for your Receivables
  • Reduce capital required to participate in the BHPH industry
  • Maintain long term control of your customer for repeat business
  • Reduce exposure on your existing debt
  • Reduce your servicing costs and improve operational efficiency
  • Allows you to focus on SALES
  • You control the underwriting and deal structure
  • CAR can process Weekly, Bi-weekly, Semi-Monthly, or Monthly payments
  • CAR can advance on Lease Receivables too!

We support Starter Interrupt and GPS Devices!

  • CAR is integrated with most commonly used device providers
  • We support both code based and wireless devices
  • 24-hour automated service for certain code-based devices
  • Customer Service by phone available Monday – Friday 8am-6pm EST
  • For more information call your CAR Financial Services Representative or call 1-866-395-3837 and ask for the Starter Interrupt Department.