Every unsuccessful finance application is a lost sale and every lost sale ultimately means a loss in profit. Hard work from your marketing and sales team can be undone in an instance when lenders come back with the dreaded decline. This results in not only wasted resources but can actually COST you money in PPC or Social Media advertising budgets – not to mention the man hours spent.
At Refused Car Finance we work with our dealer partners to keep your own car sale for you so you can keep your profits maximised. How do we do this? We partner with a wide panel of specialist lenders to accommodate a variety of credit types. Our speciality is securing acceptances for customers that other brokers fail to approve – as well as getting great rates for out of criteria applications.
Benefit only applicants, armed forces, customers who are self employed, taxi drivers and even customers with defaults/CCJ’s/arrears are no problem for us!
You can be sure that no matter what your customers circumstances are there IS a solution for them.
Our turnaround time on decisions is second-to-none for partner dealerships.
Frequently Asked Questions:
Who can you offer finance to?
Applicant’s currently being declined by your own lending panel due to:
• Benefit Only Income
• Taxi Drivers
• Armed Forces
• Agency Workers
• Non-UK Driving License
and many more..
Does it cost me to use RCF?
There is no cost to your dealership to partner with Refused Car Finance.
Can you help deep sub-prime customers?
Refused Car Finance have a current acceptance rate of 98.4% for all application received.
Can you guarantee car finance for every customer?
In today’s regulated finance world it is impossible to guarantee finance for every single applicant, however, with a current acceptance rate of 98.4% Refused Car Finance are ideally placed to help maximise your profit opportunities.