News

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.

Showrooms may be re-opening, but it is to an entirely different market to the one that we were in just a few short weeks ago. In that time, change has happened on an unprecedented scale affecting peoples’ lives, businesses, the way we communicate and much more. Karl Werner, Deputy CEO talks about opportunity in a time of change.

With the vast majority of car sales starting online and recognising that many customers will be seeking reassurance before visiting a showroom, dealers can help themselves by building this reassurance prominently into their digital presence...

The Motorcycle Industry have launched #UnlockYourFreedom to encourage commuters to switch from public transport and cars, to two wheels. Julian Oliver, MotoNovo's National Motorcycle Manager shows his support...

The level of people applying for finance or seeking a finance decision in principle has increased on findandfundmycar as more people are seeing cars as a necessity. Take a look at the top 10 list of factors that are driving buyer interest...