News

Our Chief Credit & Analytics Officer, Stephan  Bothma, explores how the  FCA Motor Finance Review has paved the way for MotoRate and an improved, more transparent customer experience.

In March, the Gov announced the Plug-in MotorCycle Grant which will pay for 20% of the purchase price of qualifying zero-emissions motorcycles. Julian Oliver, National Motorcycle Manager shows his optimism for the biking world post lockdown…

MotoNovo has launched a new approach to finance that has seen a large pilot group of over 100 dealers increase their finance penetration by 40%. Deputy CEO, Karl Werner, talks about the new MotoRate risk-based pricing model...

Personal finance trends are changing, and digitisation and regulation are at the heart of it. Deputy CEO, Karl Werner looks into the changing market and a need for modernised finance with our new product - MotoRate.

We’ve been working to fundamentally change the dealer finance model and our new risk-based pricing model is customer, dealer and regulation friendly. You could increase your finance pen by 40% with MotoRate as some of our pilot dealers did...

MotoRate has been designed to be good for the dealer, lender and customer. Our aim is to bring dealer finance to the forefront of the market, delivering a good customer outcome every time. We've outlined some of the benefits for customers...

MotoRate is a unique, risk based pricing approach that addresses many industry concerns. It’s a step in the right direction for dealer finance by benefiting the customer, dealer and lender. Here's how it could work for your dealership...

MotoRate promises to be a positive move for dealers and car buyers "as we emerge into the 'new normal" as the results from an extensive pre-lockdown pilot reveal...

MotoNovo Finance is now able to provide additional support to the dealer community as accredited ‘Introducer’ for the Aldermore Coronavirus Business Interruption Loan Scheme (CBILS)...

New data suggests it's becoming harder and more expensive for consumers to access unsecured personal loans. The economic fallout from the coronavirus pandemic has proved a challenge of unsecured loan providers which Deputy CEO Karl Werner notes...

The FoS set out its five year strategy with a strong message of 'preventing complaints and unfairness'. CEO Mark Standish observes "preventing complaints should be seen as crucial and should be ‘baked-in’ to product and service development"...

Over 10 days, our car took a virtual drive across the web donating a total of £40,000 to 20 charities, to say thank you for helping those most in need during the outbreak.