V12 Vehicle Finance is once again a finalist at the prestigious Motor Trader Independent Dealer Awards, following up from our win in the same category last year.
This year, we were nominated thanks to our digital innovation in independent car dealer finance, having taken significant steps forward in this area over the last 12 months.
While we'll hold back from revealing the full details of our entry until the judges reveal their winner, here are just a few of the reasons why we've found ourselves named on this year's shortlist:
- Our Prime launch has been a huge success
In September 2022 we launched our Prime PCP product to bolster our product range, meaning we're now offering Prime PCP and HP, on top of our existing Near Prime HP (branded under Moneyway) and standalone stock funding products. To facilitate a successful launch, we integrated our product with all the main Finance & Income platforms in the UK, allowing the entire market nationwide to access our full portfolio of car finance for dealers. Independent dealers' lives have been made a whole lot easier as a result.
- Financing used car dealers is now a whole lot faster
Knowing that our dealers and their customers want fast processes, we have developed agile and connected digital platforms to improve timescales. Automated decisions and an efficient underwriting team combine to deliver a rapid turnaround and payout time, which has led to an increase in volume financed too.
- Our dealers have embraced innovation
Our shortlisting this year couldn't have been successful if it were not for all our independent dealers who support us and use our car finance. We want to place on record our thanks to those who have provided feedback and testimonials for us to evidence just how much of a hit our car dealer finance innovations have been over the last 12 months.
With the Motor Trader Independent Dealer Awards taking place at The Eastside Rooms, Birmingham on 6 July 2023, we're hopeful of being crowned again as winners of the Finance Provider of the Year category. We want to congratulate all other nominated finalists and look forward to another great awards night with Motor Trader in a few weeks' time!