Venice, CA – According to filings with the U.S. Securities and Exchange Commission, CarPay is raising $6,499,996.00 in new funding. Sources indicate as part of senior management President, Brandon Cavalier played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About CarPay

Carpay is a Loan Management Software for Buy Here Pay Here (BHPH) dealers. BHPH dealers lend credit to customers to purchase cars from their dealership; so customers Buy the car there, and Pay for the car there; Buy Here, Pay Here. Each dealership holds up to a few thousand loans, and Carpay helps them manage their portfolio by giving their borrowers multiple options to pay, automating all reminders to their borrowers, and giving the dealers a suite of tools to keep their loans performing.

To learn more about CarPay, visit http://www.carpay.com/

Contact:
Brandon Cavalier, President
877-388-4265
https://www.linkedin.com/in/brandon-cavalier-a19309b1/

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