For more information
Contact your CAR representative
Or call 877-570-8857
CAR Financial Services provides payment processing and account servicing for third-party companies such as dealerships, finance companies, banks, and investment companies who hold or have acquired non-or sub-prime auto receivables.
Advantages to you:
Provides dealers with experienced and stable servicing resource so they can focus on increasing sales!
Gives lenders greater flexibility in the transition of an endangered investment when used in conjunction with our Back Up Servicing Program
CAR has facilities and infrastructure that can be scaled to any portfolio size as needed.
Weekly Reporting and distribution of funds via ACH that provides stability and confidence
Custom Reporting available to fit a dealer’s needs or in order to fit bank requirements for securitization or asset backed lending structures.
We charge only on what is collected – Pay for performance!
We do document insurance records
We handle all contract interval types (Monthly, Semi-Monthly, Bi-Weekly, and Weekly)
We can service any account size and maturity
We can service Leases too!
We are online and integrated with most GPS and Starter Interrupt Device providers
Servicing accounts can easily and quickly be sold to generate capital via any one of our Capital or Cash Flow Programs.
Increase your cash flow!
Retain accurate account records!
Credit Bureau Reporting for your customers!
Fast account transfers so that delinquencies and bad debt are reduced
Experienced staff with the latest in technology provide you with the most up to date resources