Car finance made easier with iVendi, Close Brothers deal
Dealers will be able to offer car finance to customers quicker and easier following a new collaboration between iVendi and Close Brothers Motor Finance.
As part of the deal, iVendi will offer a range of car finance tools to dealerships through its Connected Retailing platform.
This includes a ‘plug-in’ end-to-end, online motor finance solution for dealer websites and a full showroom point of sale system which will help them deliver a more streamlined service and meet Consumer Duty regulations.
Darren Sinclair, CCO at iVendi, said: “We’ve been talking to Close Brothers Motor Finance about ways we can work together. This pilot, which is one element of a broader series of joint initiatives we’re discussing, is strategically designed to help them increase vehicle and finance sales, and further assist with Consumer Duty compliance among their dealer partners.
“With our Connected Retailing platform, we’re providing our latest technology to allow dealers to construct market-leading motor finance consumer journeys both online and in the showroom, as well as making administration as simple as possible.”
John Cassidy, sales managing director at Close Brothers Motor Finance, added:
“The technology being provided by iVendi is very impressive. It should help to drive a host of benefits among our pilot dealer partners and do so in a highly compliant, consumer-centric way. We’re looking forward to seeing the results from the pilot and to examine new ways of working with iVendi in the future.”
