
National Lenders Welcomes Industry Legend
In a significant move that underscores its strength in the industry, National Lenders General Agency has enlisted Bill Murphy as a key agent for its collateral protection insurance (CPI) programs. Based in Texas, Murphy’s role is poised to be transformative for National Lenders, particularly in the buy-here, pay-here (BHPH) segment. With his extensive expertise and numerous trusted relationships nationwide, Murphy is positioned to enhance the offerings of National Lenders/Empire programs.
Why Bill Murphy’s Endorsement Matters
Murphy, a seasoned advocate for BHPH dealers, has vouched for National Lenders/Empire as the industry's most effective CPI program. He cites the ability of their program to protect businesses, streamline operations, and generate new revenue opportunities as key reasons for his involvement. "Their commitment to this industry is unmatched," Murphy emphasized, aligning with the sentiment of National Lenders' top brass who recognize his endorsement as evidence of the program’s impact.
The Game-Changing Partnership
National Lenders’ executives are optimistic about the partnership. "Bringing Bill Murphy on to the team is a game-changer," said Ken Terkel, President of National Lenders, reflecting on Murphy’s in-depth knowledge and alignment with their mission. COO Eric Hurst added that Murphy's vast experience and influence are expected to elevate their program and impact the wider BHPH industry positively as they look towards 2025 and beyond. This partnership is seen as a substantial driver for future success and industry leadership.
Unique Benefits for Auto Dealers
Murphy’s involvement offers many unique benefits for auto dealerships engaged in the BHPH space. By being part of a program praised for its cost-effectiveness and regulatory compliance, dealerships can ensure more efficient operations and risk management. In joining National Lenders, Murphy not only brings enhanced trust and credibility but also provides a bridge to innovative solutions that address dealers' needs in real and practical ways.
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