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Better than BHPH
Introducing GLENVIEW:
A better way for BHPH.
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Buy Here Pay Here takes a lot of capital. And a lot of dealership time and resources managing a loan portfolio. Glenview provides BHPH growth capital and does all of the collections, reporting and portfolio management work for you.
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Glenview Finance purchases Retail Installment Sales Contracts from Independent Auto Dealers, in a structure very similar to a Line of Credit: Glenview advances up front 50% of the principal balance/amount financed and pays 40% of the full monthly payment to the selling dealer. When paid in full a dealer will have received 90% of the principal and 40% of the interest.​
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