BHPH Dealer Magazine – (December 2019) Mr. Gary Page – Juggling supposedly boosts brain development. In my experience tying to juggle seems to impact the ability to think straight – not boost the brain. Yet every day in the Buy Here Pay Here business, dealers are constantly juggling the “3 C’s”; Customers, Cars and Capital. Finding new customers, serving existing customers, and even chasing a few delinquent customers can sometimes take all the energy you have. Couple that with finding the right cars, preparing them for sale, and turning over inventory. And lastly, managing the capital to keep the other two “C’s” in the air may seem to be the hardest to handle. Read Article
USED CAR NEWS – SDA Sees More Demand
October 1, 2018 by
Used Car News: How has your company performed this year?
Mr. Gary Page, chief executive officer of SDA: This year has been pretty busy. We had one competitor leave the business and there have been fewer funds available from banks. That’s been good for our business. If capital is tightening up, that is good for us. The demand side has been strong. More dealers are moving into buy -here, pay-here. It’s always slower in the summer, especially in Florida, but our numbers are up. Everyone should be doing well right now. Click here to read the interview.
SDA Provides Funding To Dealers
March 5, 2016 by
Small Dealers Assistance (SDA) in Atlanta has been a consistent capital provider to the buy-here, pay here industry nationwide for over two decades. In addition to being one of the oldest, most established, suppliers of capital to the buy-here, pay-here industry, SDA pays the highest advance in the industry – up to 90 percent. [Read more…]
The Capital Markets
February 7, 2011 by
DEALER BUSINESS JOURNAL -What are the capital markets doing? How tight is credit? My bank just notified me that they no longer want to fund my buy here-pay here (BHPH) operation. What are my options? Read more...
