iVendi supports launch of BNP Paribas motor finance in the UK
In December, iVendi played a crucial role in the launch of BNP Paribas Personal Finance’s launch into the UK motor finance market.
The consumer finance provider, part of global bank BNP Paribas, has a wealth of motor finance experience globally, and currently works with 1,800 dealers in over 11 countries, as well as partnering across a network of 16 manufacturers.
Working with highly experienced specialist teams at iVendi, a new, digital platform has been created to offer a wide range of auto financing products including Hire Purchase, Personal Loans, Stock Financing, Personal Contract Purchase, Personal Contract Hire and Value-Added Products.
Andrew Brameld (pictured), managing director of motor finance at BNP Paribas Personal Finance UK, said: “BNP Paribas is established globally as a significant provider in motor finance and we are now bringing that expertise to the UK market. Through engaging with experienced teams at iVendi we have pooled our collective capabilities to create a suite of products that will provide our partners with helpful and responsible finance solutions.
“This is a great opportunity to establish ourselves within the £32bn UK car finance sector and further grow BNP Paribas’ footprint within the automotive market.”
Dealer testimonials
Gordon Veale at car supermarket CarBase said: “We like working with iVendi because they provide everything we need to offer multi-lender online quotations from one source and one system. There is a high level of account management and training provided, and this helps us achieve what we are looking for, better customer service, higher finance penetration and more sales.”
Jardine Motors Group commercial director Jason Cranswick said: “The website is a huge part of many of our customers’ car buying journeys. With so many people now relying on finance to pay for a car, the integration of monthly payment search and finance calculators may provide that additional piece of information that helps crystallise a purchase decision.
“At Jardine Motors Group, our aim is to provide a clear route to purchase from the web to the showroom. iVendi’s platform and finance modules have definitely helped us achieve this.”
- iVendi is the international market leader in online motor retailing solutions, working with everyone from dealers and manufacturers to car portals and motor finance providers. Visit www.ivendi.com, e-mail enquiries@ivendi.com or call 0345 226 0503.