Cash News
iVendi has partnered with Tandem Motor Finance, part of Tandem Bank, to help offer its products to potentially thousands more car dealers.
Tandem will use a new point of sale platform that enables widespread distribution of motor finance to vehicle retailers, easy handling of quotations and applications for both online and showroom vehicle buyers, and a high degree of compliance.
James Tew, CEO at iVendi, said: “We’re very pleased to be working with Tandem and once again with Dave.
“Our new platform is an ideal springboard for a business in their stage of development and should help them to place their proposition in front of potentially thousands more dealers than they would otherwise reach. It’s an exciting moment.”
Dave Anderson, sales director at Tandem’s motor finance business, said: “This is an exciting development for us which will help to extend our market reach and ensure more dealers become aware of our fresh thinking approach to a rapidly changing motor finance market.
“From long, personal experience, I am very aware of iVendi’s reputation for reimagining the future of dealer finance in an increasingly digital world.
“Embracing their latest digital innovation is a step that will help us collaborate closely with more dealers, helping them to offer their customers seamless, tailored finance journeys and create positive outcomes for their customers and themselves.
“Agility is at the heart of a dealer’s success. Our collaboration with iVendi is all about providing a new level of agility and speed for dealer finance. It will enable dealers to delight their customers and support their compliance requirements.”