---
title: Why Make the Transition from BHPH to LHPH?
description: Eyo Toe | January 18, 2021 LHPH Capital is a firm believer that the leasing model is beneficial for all stakeholders involved. If you are a current BHPH
image: https://www.lhph.com/hubfs/LHPH_January2022/images/logo-navy.jpeg
---

# CAPITAL FOR THE LHPH INDUSTRY

CREATING FINANCIAL FLEXIBILITY ONE DEALER AT A TIME

# Why Make the Transition from BHPH to LHPH?

***Eyo Toe | December 21, 2020***

One of the most recognizable faces in Lease-Here, Pay-Here is Nick Markosian, CEO of Markosian Automotive in Taylorsville, Utah. Nick has been in the car business for 30 years and has run a successful retail and BHPH business through his three locations. In 2017, Nick made the transition from BHPH to LHPH and he never looked back. He is now up to 3,000 accounts in his portfolio and continues to grow in a steady, sustainable, and profitable fashion.

Learn more about his reasons for making the transition by reading this recent article about him in the December 2020 addition of *BHPH Dealer* magazine

[https://www.omagdigital.com/publication/?m=53981&i=683961&p=18](https://www.omagdigital.com/publication/?m=53981&i=683961&p=18)

And hear Nick explain some of the benefits of LHPH in this clip from the 2020 LHPH Virtual Summit:

To learn more about Lease-Here, Pay-Here and how to make the transition from BHPH, download our free E-Book here:

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### Recent Posts

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- [Subprime Auto Finance News Special Finance 175](https://www.lhph.com/blog/subprime-auto-finance-news-special-finance-175)

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