By Danielle Fish - October 1, 2021
While the pandemic has been devastating for some businesses, the Buy Here Pay Here Industry has prospered. This pandemic has provided new opportunities and challenges that fueled innovation and updated technology. BHPH companies who adjusted and implemented new technology and procedures to facilitate online business prospered, while others struggled. In the subprime auto finance business, the pandemic’s influence on the consumer was similar. Subprime customers opted to shop online for vehicles instead of physically going to the dealerships to find a vehicle.
It’s unlikely the e-commerce trend will disappear as the pandemic ends. E-commerce will not replace brick and mortar dealerships, but the changing times require them to integrate technology that complements, not replaces, their previous operating practices. Embracing online technology will benefit their business and make them competitive in the future. Texting is a prime example of an important tool for the future of the subprime auto finance business.
Deal Pack offers many options when it comes to texting. Customers can send payment reminder texts to customers, send corresponding text messages, receive text messages from customers, allow the customers to make a payment via text, and much more. If you are interested in learning more about the texting features that Deal Pack has to offer, feel free to reach out to request a demo at (800) 526-5832 or email us at firstname.lastname@example.org.
Advanced Business Computers of America (ABCoA) develops and supports end-to-end software solutions for the subprime finance industry. Since 1983, we have helped automotive dealerships and finance companies eliminate duplication, remain compliant, and achieve success with dependable, all-in-one software and white glove service and support.
Deal Pack is a complete, all-in-one software ecosystem customizable to your exact needs and scalable to your exact size - helping improve your operations, grow your business, and solve the challenges you face. Whether you are a finance or sales company, multi-entity or publicly traded company handling BHPH or LHPH, operating or capital leases, internal or external floor-planning, retail, rentals, consumer loans, origination, or seasoned paper, Deal Pack is the dependable software for mission critical operations.
Deal Pack handles all of your business needs transparently – providing you measurable improvements and complete financial control, saving you time, increasing your bottom line, and allowing you the freedom to focus on your daily operations. Deal Pack is relied upon by thousands of customers across all 50 states in the United States and six countries around the world. Customers properly using Deal Pack have never lost an IRS audit.
To learn more about ABCoA, visit www.abcoa.com.Request a Demo