XENIA, Ohio — Nationwide Biweekly Administration
(NBA), a nationwide administrator for weekly and bi-weekly programs, launched its Bi-weekly Auto Payment service for car dealerships and
consumers.
Through the NBA
Website, www.biweeklyautoprogram.com,
dealers now have access to lucrative programs, user-friendly functionality, and
robust online reporting, which makes it easy for dealerships to increase
revenue, profits and add-on sales.
“We’ve been a
leader in bi-weekly administration for years, helping people with all kinds of
loans including car payments,” stated Dan Lipsky, president of NBA. “The launch
of the Bi-weekly Auto Payment program is a natural and powerful extension of
what we already do so well.”
Now, dealers can
use the Bi-weekly Auto program to help consumers purchase add-ons, reduce the
length of their loan, or afford a more expensive car. But they also have access
to NBA’s Interest Minimizer, which allows them to save tens of thousands of
dollars in interest charges on mortgages, equity lines, student loans and even
credit card debt.
The Bi-weekly
Auto Payment program has 10 features that give it a competitive advantage over
other auto programs. These include:
1. Paperless
enrollment via digital web signature
2. Higher
enrollment commissions for dealers and managers
3. Multiple
enrollment commissions per customer
4. Customers
can enroll non-auto loans like mortgages, equity lines, credit card debt
5. Enhanced
customer video for dealer use
6. Bi-weekly
remittance to lenders, whereas our competitors remit monthly
7. Registered
with FINCEN as a Money Transmitter
8. 120
employees at US-based call center
9. Dedicated
dealership response team for faster, more professional response
10. Best local dealer service from most
experienced, responsive field representatives in the industry
To ensure a
great dealer experience and the highest levels of customer service, NBA
partnered with the Ross Group to design, develop and deploy a web-based
application that offers auto dealers easy
and instant access to enroll their customers in the Bi-weekly Auto Payment program. It utilizes custom designed tools
and technology giving dealers online access to a payment calculator, savings
analysis, enrollment and administration, interface to internal and external
systems, consumer video, commission
payments
, and r
eports and tracking in real-time.
In addition,
NBA’s Bi-weekly Auto Payment program is integrated with DMS providers Reynolds
& Reynolds and DealerTrack. “We want to make it easy to do business with
us,” said Dan Lipsky, “But more importantly, we want it to be easy for dealers
to generate more revenue, higher profits and better margins. We’ve succeeded in
delivering the most comprehensive bi-weekly auto payment program ever. Our
mission is to help millions save billons.”