Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry.
Press Release
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BLUE MOTOR FINANCE TO LAUNCH NEW SPECIALIST FUNDING TEAM
Blue Motor Finance is delighted to announce the launch of its Blue Specialist Funding team, on 1st March 2023. Building on the dealmaking team it had in place previously, the Specialist Funding team will support Blue in offering a total solution for motor finance for dealers, in particular those who have customers with a more adverse credit profile. With a ...
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How our dealer network benefits from working with Warranty First
Part of our mission here at Warranty First is assisting dealerships like yours across the UK by offering fantastic vehicle protection to customers, and improving income for the business. We do this not only with our first-class cover levels, but also with our ongoing guidance, support and focus which is bespoke to each dealership. To put it simply, we’re hands-on ...
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Blue Motor Finance partners with Zinia for implementation of Decision Intelligence AI Platform
Fintech lender, Blue, has announced a new partnership with Zinia, the pioneering Decision Intelligence company, to supercharge AI driven decisions across the business. Blue is a technology-focused lender delivering innovative motor finance solutions to more than 260,000 customers to date. Leveraging Zinia Decision Intelligence AI platform, Blue will enhance its in-house AI and machine learning capabilities to further drive towards ...
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Keyloop technology set to unify the Canadian automotive retail landscape
In January 2023 Keyloop, an international automotive technology company, completed the rebrand of RAPID RTC and SERTI across Canada with the products being renamed under the parent company. This will make Canada the second largest market for Keyloop, which operates across over 100 countries serving approximately 20,000 dealer sites and most automotive manufacturers worldwide. RAPID RTC and SERTI were acquired ...
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Blue Motor Finance launches Smart Search – the simple way to find your next vehicle.
Blue’s new Smart Search allows customers to access Blue’s ever-growing stock of used vehicles, from its trusted dealer network, who will offer them a best-in-class service and get them into their next vehicle. Customers can search based on their own criteria and unlike other vehicle search sites, they can access their own personalised service and contact one of Blue’s dedicated ...
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Blue successfully increases, to £312 million, it’s warehouse facility with senior funding from Societe Generale and mezzanine finance from Insight Investment
Blue Motor Finance (Blue) has successfully increased one of it’s warehouse facilities to £312 million with senior funding from Societe Generale and mezzanine subscriptions from funds managed by Insight Investment. This is a sizable increase from the previous £250 million level and is testament to Blue’s strong working relationships with its financing partners. 2022 was Blue’s best ever year in ...