Capital Auto Protection Services, a Fort Worth, Texas–based vehicle service contract provider is set to launch a new warranty financing company and is partnering with Input 1 to make sure it goes smoothly for dealer clients.

As Capital Auto Protection Services brings this new offering to market, Input 1 said it will provide its SaaS premium billing system (PBS) as part of the technology supporting the launch and ongoing administration of the program.

Input 1’s capabilities will support billing workflows and program administration within the platform.

The companies highlighted the relationship was formed by the importance of the technology stack and the need for a partner with expertise in billing and digitally enabled insurance-related transactions, particularly for programs tied to vehicle service contracts.

“Capital Auto Protection Services was looking for a partner that could support their growth plans,” Input 1 executive vice president and chief sales officer Chris Farfaras said in a news release. “As they launch this new program, having the right structure and systems in place is critical, and Input 1 is proud to play a supporting role in that process.”

Capital Auto Protection Services delivers vehicle service contracts designed to help customers manage the cost of unexpected repairs while supporting dealer partners with flexible program options.

The expansion into financing is intended to support dealers and customers by broadening available payment options for vehicle service contracts.

“This is an important step for our business,” Capital Auto Protection Services owner Andy Hillin said. “We chose Input 1 because of our confidence in their platform and their deep understanding of billing, warranty financing, and the digitization of the insurance transaction. Input 1 provides the foundation to support our growth plans as we bring this new offering to market.”