New Company Launched To Change The Face Of Finance In The Leisure Industry

New company, Auto Finance Online has launched, offering specialist finance and loans for the leisure industry.

Newcastle-Under-Lyme, United Kingdom – September 1, 2018 / / —

A new company has been launched to change the face of finance in the leisure industry, particularly aimed at caravan, motorhome and horsebox buyers, with the aim of making purchasing a leisure vehicle more achievable than ever before. The concept behind this innovative new company is to further support dealerships in growing their customer bases and making purchasing recreational vehicles more achievable for everyone, from prime customers who are eligible for the best rate of 5.9% APR, to those with a bad credit history.

Matthew Edwards, the company founder, shares the benefits of this new company

Launched in March this year, Auto Finance Online offers customers the chance to secure financing ahead of visiting a dealership and viewing motorhomes and other leisure vehicles. Matthew Edwards, the company founder, has explained that this model offers various benefits for customers. These benefits include a fast decision, a simple online application, and no need to worry about the embarrassment of being rejected for finance at the dealership.

Beneficial for dealers and borrowers alike

Matthew adds that as a direct result of this new startup, many leisure dealers should start to see a major increase in customers coming through their doors. This is because many of those who are not eligible for credit via big providers may be eligible for credit via Auto Finance Online. Another huge benefit of this finance model is the fact that customers can ascertain credit before viewing leisure vehicles to buy, removing the worry of being rejected for finance.

Auto Finance Online work with a panel of lenders, which allow them to offer a range of more flexible options in terms of securing finance for their customers. Currently, it is established, traditional finance companies that dominate the leisure vehicle industry but Auto Finance Online aims to change that. To date, Auto Finance Online has worked with a number of leisure vehicle dealerships in the UK, and as the business grows, the plan is to build partnerships with a larger range of dealers.

Company founder, Matthew Edwards says:

“The industry is dominated by just one or two big names in vehicle finance, and I understand that dealers want to use them. But their acceptance rate is around 70% – which means that for every 10 applications there will be three rejections, we specialise in helping those customers.”

More information is available from Auto Finance Online’s press contact Matthew Edwards. To reach the company by phone, call 01477 531 288, or email at matthew.edwards@autofinanceonline.co.uk. Anyone looking to apply can do so via the company website https://www.autofinanceonline.co.uk/. Auto Finance Online’s postal address is Unit 2 Stonewall Industrial Estate, Newcastle-Under-Lyme, Staffordshire ST5 6NR.

Contact Info:
Name: Matthew Edwards
Organization: Auto Finance Online
Address: Unit 2 Stonewall Industrial Estate, Newcastle-Under-Lyme, Staffordshire ST5 6NR
Phone: 01477 531 288

For more information, please visit https://www.autofinanceonline.co.uk/

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Release ID: 401170