Cash flow is the lifeblood of a BHPH dealership. During tax season, the increase in sales puts a large strain on available cash. Often dealers turn to selling receivables to replenish cash reserves. This short term fix results in the loss of the dealer’s best customers and a degradation of the portfolio. AMAC’s BHPH In
AMAC CEO, Russ Algood was recently interviewed by the BHPH Report, with “4 Questions with Russ Algood of Ace Motor Acceptance”, click HERE to read the full article.
AMAC’s very own Regional Sales Manager, Chris Jolie participated in a heartwarming car show this month, but it was not any ordinary car show. It was held in honor of a 19 year old Monroe Teen who is battling cancer. The teen’s friend and her father put together the show, knowing his affinity for cars,
We all know tax season brings increased down payments. Most BHPH dealers use down payment as a key part of their underwriting decision. Larger down payments from tax refunds do not mean your customer will be able to make higher monthly payments. Good underwriting decisions involve setting your customer up for success. Two cornerstones of