Premium Finance
Why Should You Use Our Premium Financing?
How many times have you heard your customers say that they see the benefit of an extended warranty or other product, but they have not got the money to pay for it?
This means lost commission to you as the dealer! Our Premium Financing facility allows your customer to spread the costs of our approved products over a 10/12 month period with limited credit checks and no invoice required.
What
options are available?
10 month loan period.
Interest free (7.50% subsidy) or interest bearing at 8.00%.
£100 to £1,500 for any of our approved products.
Eligibility
18-80 years old at start of the loan
Able to prove their address - soft search plus copy driving licence needed.
UK Bank account that can accept direct debit.
Main
Benefits
No deposit required.
No invoice required.
No credit underwriting - only a soft search to prove address.
Simple application and documentation process.
Interest free facility available.
Allows for back sales opportunity (especially call centre).
Significant Benefits Over Our Competitors Products
Wider eligibility criteria
On-line claims process, which is simple
Underwritten by Acasta European Insurance Company Limited
Premium Financing available over 6/10/12 months
Repair can be linked to Manufacturer network
On-line Policy Registration