Motor Finance specialists Fortis Lease, a subsidiary of Fortis Bank, have signed up for membership of the YourCarLoan panel. They will now have the ability to offer their dealer relationships both HP & lease Purchase calculations that can be integrated into their dealer’s websites. As well as allowing users to obtain personalised quotations on every vehicle the service will also enable dealers to bespoke the amount of commission/subsidy or APR on both products on a vehicle-by-vehicle basis. In addition users will be able to propose themselves directly and gain pre-approval. Mike McCann, National Sales Manager commented, “
This new product will give us a clear USP against other lenders and already the interest from our supporting dealers has prompted new discussions with regards to how finance can be used to capture customers pre-point of sale. For years now the process of offering specialist products such as Lease Purchase has been very much driven by quoting the customer from a lenders Point of sale application within the dealership. Through YourCarLoan, customers can now see how affordable their next new car can be, in many cases not even realising that these products were available to them. All this can be done in the comfort of the users own home yet the price of the finance product will be controlled by the dealer. We expect that it is only a matter of time until this service is part of the consumer experience on all dealer websites.”