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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

BHPH United Summit bringing lease-here, pay-here into 2026 event

Tuesday, Nov. 25, 2025, 11:55 AM
BHPH Report Staff
A year ago, BHPH United and Compliance Unleashed merged into a single training event to help buy-here, pay-here operators improve their businesses in a variety of ways, all within the confines of state and federal regulations. Last week, a third ... [Read More]

NIADA recaps another successful BHPH Dealer Forum

Thursday, Nov. 13, 2025, 12:06 PM
BHPH Report Staff
Michele Somich certainly made the most of her time with the National Independent Automobile Dealers Association in the Music City this week. Somich, of The Car Store in Piney Flats, Tenn., received accolades from her dealer peers and won the ... [Read More]

COMMENTARY: Beyond the credit score & how holistic underwriting drives BHPH success

Title Twins gain more capability through West Virginia’s Clearinghouse
Tuesday, Nov. 11, 2025, 02:42 PM
Tiger Okeley, Oak Motors
Not long ago, the buy-here, pay-here industry had a reputation for selling cars to anyone with a pulse. In those days, high-volume and low-selectivity lending practices meant loan approvals were nearly automatic. But rising inventory and account-servicing costs have made ... [Read More]

Kinetic Advantage celebrates fifth anniversary

Thursday, Nov. 6, 2025, 02:01 PM
BHPH Report Staff
Kinetic Advantage provided a dealer floorplan for the first time on Nov. 5, 2020; a point when the pandemic seemingly impacted every part of the car business and beyond. It’s five years later and Kinetic Advantage not only remains in ... [Read More]

Car-Mart explains how $300M loan enhances capital structure ‘at a time of uncertainty in the market’

Campbell to succeed Williams as Car-Mart CEO
Tuesday, Nov. 4, 2025, 11:47 AM
BHPH Report Staff
America’s Car-Mart closed the month with an important deal to solidify its long-term finances. On Thursday, the buy-here, pay-here dealership chain announced the closing of a new five-year, $300 million funded term loan facility provided by funds managed by Silver ... [Read More]

BHPH United & PrimaLend ‘part on good terms’

Tuesday, Oct. 28, 2025, 02:15 PM
BHPH Report Staff
Another side effect of PrimaLend filing for Chapter 11 bankruptcy last week surfaced soon afterward. Along with being a floorplan provider, PrimaLend was a founding member of BHPH United, which is comprised of seven service providers that organize an annual ... [Read More]

Ignite & NIADA warn dealers about recent CFPB phishing scam

defi SOLUTIONS calls out ‘bluff’ of recent hacker threats
Tuesday, Oct. 28, 2025, 02:14 PM
BHPH Report Staff
Both Ignite Consulting Partners and the National Independent Automobile Dealers Association warned dealerships about what they believe to be a phishing scam with fraudsters pretending to be from the Consumer Financial Protection Bureau. In an industry message, Ignite Consulting Partners ... [Read More]

Details of tax season consulting groups specifically for BHPH & independent dealers

Details of upcoming repossession webinars from ARA & Weltman
Tuesday, Oct. 28, 2025, 02:14 PM
BHPH Report Staff
Tax Max wants buy-here, pay-here and independent dealers to have clear strategy in place now through the close of federal and state filing seasons. So, the company announced new tax season consulting groups, which will gather each Tuesday via Zoom ... [Read More]

Following capital injection, Kinetic Advantage issues second securitization

Thursday, Oct. 23, 2025, 08:09 AM
BHPH Report Staff
Kinetic Advantage is finding ways to achieve its goals amid a business scene that’s becoming more challenging as evident by bankruptcies being filed by consumers as well as automotive operations. About a week after the independent automotive floorplan financing company ... [Read More]

PrimaLend files Chapter 11 bankruptcy but ‘not going out of business’

Wednesday, Oct. 22, 2025, 12:46 PM
BHPH Report Staff
Consumers aren’t the only ones seeking bankruptcy protection nowadays. PrimaLend Capital Partners and Good Floor Loans announced on Wednesday that they are pursuing what the floorplan provider called “a value-maximizing sale” through a voluntary Chapter 11 proceeding in the U.S. ... [Read More]

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