PCMI & Service Payment Plan: Meeting the Rising Demand for Flexible Premium Financing

As dealerships seek more financing solutions, PCMI's longtime partnership with SPP continues to deliver

PARK RIDGE, Ill., March 11, 2025 /PRNewswire-PRWeb/ -- PCMI, a leading provider of warranty and service contract administration software, is reinforcing its 11-year partnership with Service Payment Plan (SPP). Seamlessly integrated into PCMI's Policy Claim and Reporting Solutions™ (PCRS) platform, SPP provides users with built-in access to 0% interest premium financing. As dealerships seek more flexible financing solutions, this integration remains a proven tool to drive sales and enhance customer affordability.

Established in 1984, SPP has been committed to offering easy-to-use platforms and unparalleled customer service, helping partners and customers alike manage payments effortlessly. Through this longstanding integration, PCRS users have access to SPP's interest-free payment plans, allowing automotive dealerships and administrators to continue offering customers flexible and affordable payment options for vehicle service contracts and ancillary products. This collaboration helps dealerships stay competitive by making vehicle protection plans more accessible to budget-conscious consumers.

"For over a decade, our partnership with PCMI has helped dealerships offer affordable financing solutions," said Charlie Hymen, President at SPP. "We remain committed to making vehicle protection plans more accessible."

PCRS automates the full administration lifecycle of F&I products, extended warranties, and service contracts, offering robust claims entry and processing to ensure business success. PCRS users have access to a comprehensive, all-in-one system for managing aftermarket products while providing customers with affordable payment options.

"SPP's financing options have been a trusted part of our platform for years," said Imran Mussani, VP of Strategic Partnerships at PCMI. "This partnership ensures dealerships can continue offering seamless, interest-free payment plans to their customers."

With affordability becoming a key focus in F&I, PCMI and SPP's continued collaboration ensures dealerships have the tools needed to stay competitive in a rapidly evolving market.

About PCMI

PCMI is the leading provider of technology solutions for the finance and insurance (F&I) and consumer product markets. Our modern cloud-based platform empowers third-party administrators, dealers, original equipment manufacturers, and lenders to revolutionize their extended warranty, service contract, and refund payment management. With a team of over 200 experts across our global offices, we are committed to pushing the boundaries of technology to deliver unparalleled service and innovation, ensuring our clients stay ahead in today's rapidly evolving markets.

About Service Payment Plan, Inc.

Service Payment Plan, Inc. (SPP) is the auto industry's leading provider of 0% interest payment plans for vehicle service contracts and protection products. Since 1984, SPP has been committed to offering easy-to-use platforms and unparalleled customer service, helping partners and customers alike manage payments effortlessly. sppinc.net

Media Contact

Laura Scahill, PCMI, LLC, 1 6307010192, [email protected], https://www.pcmicorp.com/ 

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SOURCE PCMI, LLC