CarBiz, DSC of Indiana to Launch LHPH Program, More at NABD
SARASOTA, Fla. — CarBiz and Dealer Services Corp. of Indiana have partnered to launch a Lease-Here, Pay-Here program that can provide dealers with access to $100 million in new capital.
The program will be formally launched during the National Alliance of Buy-Here, Pay-Here Dealers Conference in Las Vegas on May 12-14.
CarBiz and DSC of Indiana described the new program as a clear "win-win" for BHPH dealers and their consumers. In addition to assisting BHPH dealers, a sizeable portion of capital is also intended to benefit special finance dealers as well as new-car retailers.
Company officials plan to provide more program details during the national rollout at NABD. Conference chairman and NABD founder Ken Shilson shared his thoughts about this new partnership can benefit many BHPH dealers.
"I am very excited to see this new capital being offered to the BHPH industry," Shilson noted. "Recipients can use it to capitalize on some exceptional new profit opportunities.
"In addition, leasing offers some important tax advantages for operators," Shilson continued. "I encourage everyone to attend NABD 2009 and learn more about this exciting new financing."
For more information on attending the conference, visit www.bhphinfo.com.