Page 47 - GIADA-June2017-Final 061517
P. 47

OF  Month
          Tip THE

                                                     AMAC offers financing to qualified BHPH dealers
       Using Late Fees to                                      looking to expand their business.
       Educate Your Customer

       BHPH Dealers should always                         What’s included:
       ask for the total amount due                              Funding for Receivables
       from every past due customer,
       including late fees. By not
       collecting late fees you are                              You Collect or We Collect
       educating your customer that
       it is acceptable to pay late.                             Floorplan Lines
       But if late fees are consistently
       charged anytime a payment is                              Simplified Insurance Tracking
       made after the grace period,
       you will be encouraging timely
       payments, and will reduce your                            Reports Package
       collection expense. Paying
       on time also benefits your                                Training
       customer by reducing the total
       amount of interest they pay                               Bulk Roll in for Existing Contracts
       over the life of the contract.
                                                                 Cash Flow from Payments







              Ace Motor Acceptance Corp. (AMAC) specializes in supplying capital to BHPH dealers. Our
               BHPH in a Box™ program provides capital to fund contracts and floorplan lines of credit
              to purchase inventory.  By offering both, AMAC improves your cash flow by allowing you to
              pay off your floorplan when the deal is funded.   We understand what it takes to grow your
               business. AMAC allows you to maintain your customer relationship, leading to increased
                repeat and referral business.  Instead of selling off your portfolio or doing an expensive
                payment stream, AMAC has a superior program that allows you to retain strong monthly
               cash flow from customer payments. We approve you, not your customer.  The BHPH in a
                Box™ program is the most complete program in the industry.  To learn more call AMAC
                                             today at 704-882-7100 ext. 7509.







              Acemotoracceptance.com                                               704-882-7100 ext. 7509
   42   43   44   45   46   47   48   49   50   51   52