What is stock funding and why do you need it?
Funding helps you to stock your forecourt with vehicles, including cars, motorcycles and light commercial vehicles, without using your own funds. You can tailor your borrowing based on your business needs throughout the year.
Get the vehicles your customers want
Our exclusive forecourt and industry insights ensure you have the right stock for your customers, reducing ‘days-to-turn’ and maximising profits.
Free up your cash flow
Purchasing vehicles without using your own funds means you can invest elsewhere in your dealership.
Grow your business
Funding can help you purchase vehicles for your forecourt to grow your business.
Our Multi Award Winning Forecourt Insight Tool
Revolutionising Your Forecourt
Being a funded partner give you access to our powerful new data tool, which will change the way you run your forecourt and revolutionise how you manage stock. In partnership with Auto Trader, this unique innovation for the motor industry brings your data to life, helping you make informed decisions and maximise profitability, whilst enabling you to adapt to market conditions.
- Easily identify the most desirable stock to suit your customer base
- Sell quickly and be accurate with pricing
- Eliminate under-pricing and over-pricing to improve days to sell
- Achieve your business goals
Funding Packages to Suit Your Business
See our range of products
APAK
Using the APAK system, you can add or remove vehicles when you want. Monitor and control the cost of funding individual units, and stock your forecourt at a competitive rate.
Find out more- Loan secured against funded vehicle stock
- Drawdown up to 80% of the invoice value of the vehicle
- Reclaim for up to 150 days with interest accrued on the loan balance at an agreed fixed rate. The value of part exchange vehicles can also be reclaimed.
- Full control over the facility
- Monitor the cost of individual units
Stocking loan
Stock your forecourt at a competitive rate using a stocking loan. It's outside of system defined parameters and a flexible way to stock. Admin overheads are reduced because you don’t need to remember to add or remove vehicles. Plus there's no monthly audit.
Find out more- Loan can be unsecured, but security may be required
- Capital plus a fixed interest rate repayable by standing order
- Loans can be arranged between 12 and 36 months
- Flexible stocking option
Business development loan
A business development loan is a shorter-term loan that can be for purchasing stock or making improvements to your forecourt. Get fixed repayments and end points, and a flexible way to stock your forecourt. Admin overheads are reduced because you don’t need to remember to add or remove vehicles. Plus there's no monthly audit.
Find out more- Unsecured
- An interest free capital loan, repayable by standing order
- Fixed repayments over a term of 12 months
Grow your business with stock funding
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