Tandem will be using 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.
Commenting on the new agreement, Dave Anderson, Sales Director at Tandem’s motor finance business, was very positive, noting, “This is an exciting development for us, which will help us to extend our market reach and ensure more dealers become more 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.”
Tandem, which has won multiple industry awards for its distinctive commitment to helping customers embrace greener, lower-emission motoring, combines a highly experienced team, a risk-based financing approach and a commitment to digitisation with an appetite to help more dealers navigate the rapidly evolving motor landscape. As Dave notes, it is a combination that centres on helping dealers to delight more customers;
“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.”
James Tew, CEO, 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.”
**ENDS**
About iVendi
Founded in 2009, iVendi is the market leader in connected motor retail technology, creating digital products that help customers to buy vehicles and dealers to sell them more efficiently, both on online and in the showroom.
iVendi technology interacts with around five million consumers every month and thousands of motor retailers, manufacturers and finance providers. The company is based in Colwyn Bay UK.
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