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What Other Lenders Can Learn From The Motor Finance Industry

Fri 19 Aug 2016

Graham Donald, managing director of Equiniti Pancredit, explains the successes of this growing market

In March 2016, the new car market surged by 5.3%, making it the highest grossing month since 1999. People are buying more new cars. As most customers buying new cars take out car finance at the same time, the motor finance industry has naturally been buoyed.

The market place is good, yet, the motor finance industry has helped itself with developing sophisticated automated systems. Specialist motor finance lenders have utilised these systems to enable the application process; smoothing the customer journey for dealerships and customers a

Read the full article on Global Banking and Finance Review here