Buying sub-prime receivables since 1962. Same family. Same handshake. The website's nicer now.
The Auto Loan Company started in 1962 buying sub-prime auto paper from independent dealers in Dallas. Sixty-four years later, we're still doing it — just with more dealers, bigger files, and a few extra services our customers asked us to add along the way.
We added OCCC consulting because dealers kept calling us with licensing questions. We added garage insurance because they couldn't find a carrier that understood BHPH. We added Frazer and Dealer Car Search because we got tired of watching good dealers run broken software. None of it was strategy — it was answering the phone.
Chip runs the day-to-day. He's been doing it long enough to remember when "sub-prime" wasn't a dirty word and when every BHPH lot in Texas knew every other one by name. He still answers the phone himself — most days, before noon.
If you've worked with a national lender or a multi-state consultant, you know what's missing here. It's the things on the right.
No phone trees. No "submit a ticket." You'll get Chip or someone who works five feet from him, every time.
Same-day approvals on most funding files. Quotes by tomorrow morning on insurance, licensing, and software.
If we can't help, we'll tell you who can. We've sent dealers to competitors for thirty years and gotten more business back because of it.
An abbreviated history. The full version takes about three cups of coffee.
Founded in Dallas buying sub-prime auto paper from independent Texas dealers.
Second-generation principal. Adds OCCC licensing consulting after one too many dealer phone calls.
Brings on Frazer, Dealer Car Search, and Texas garage insurance carriers. One number, four services.
$340M+ funded, 1,200+ Texas dealers served. Still answering the phone before noon.