Motorfinity, the specialist car group, launched a finance division on 1st December. Financefinity sources low-rate finance on vehicles for the UK’s emergency services, NHS, prison service, social care, education sector, armed forces and veterans.
Financefinity has been launched to provide even more options to support eligible customers, we can offer finance on cars, motorbikes and motorhomes (new and used). This means drivers can now finance on a PCP or HP with Financefinity knowing we have sourced the best rates for them.
NHS trusts have reported that staff are struggling to afford to come to work, with 71% describing this as having a significant or severe impact on their trust. Motorfinity hopes to make it more accessible and more affordable for frontline workers to get a car.
It comes after a successful 12 months for the company, with further successes including a new website, new national partners such as Ford, new office space in Newark, and the launch of its motor leasing division at the end of 2021.
Sharon Kirk, Operations Director at FinanceFinity spoke about the growth the company has experienced in the last 12 months, and how this has led to the launch of the new division.
“We noticed there was a gap in the market for some of our customers who may not have lots of savings or those who simply couldn’t wait for a new car based on the current lead times. Their arms were being forced into going into dealers or the used car market to secure a car and having to pay higher rates on finance to do this.
“We want to continue to support our amazing customers and ensure that whatever their circumstances, they can get the best deal on a car for them with no horror stories. What we want for Financefinity is to know we have helped people who have helped us through our lifetimes.”
Application can be made through a 24/7 online portal, where Financefinity will then find the right lender for the individual. The applicant will then receive a text to confirm they’ve been approved and can find their new car there and then.
Finance documents will be sent securely and electronically and once the lender has confirmed the deal has paid out, funds have been released FinanceFinity will even support in arranging car collection.
Vehicles available for finance include cars, SUV’s, 4x4, vans and motorhomes.