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Evolution Funding is now using Automotive Compliance’s enhanced regulatory platform.
It said the key focus of the platform is to offer more efficient processes, reduce time-wasting activities, and optimise finance penetration by streamlining the buying journey.
The system displays tailored quotes based on the customer’s credit profile before routing them to the most appropriate lender for their credit circumstances. This said Evolution Funding helps to ensure good consumer outcomes every time.
Additionally, the system aims to enhance collaboration with first-string lenders by optimising the quality of submitted applications by integrating lender criteria.
Phil Harding, national sales director of Automotive Compliance, said: “This integration represents a significant step in enhancing efficiency and compliance within the automotive finance sector.
“Our goal is to provide dealerships with the tools they need to streamline processes while maintaining regulatory standards and delivering good customer outcomes.”
David Bamforth, Evolution Funding head of Sales (New Business), added: “We’re delighted to stand alongside one of the leading principal firms in our shared dedication to regulatory compliance.
“At Evolution, it’s ingrained in our ethos, making this integration a natural fit. By aligning our offerings, we’re advancing industry standards and ensuring seamless experiences for our dealers and their customers.”