A convenient way to monitor and maintain your funded stock.
Unit Stocking is a revolving credit facility where loans are advanced against vehicles, using industry leading systems from Sopra Banking Software. The Sopra Financing Platform (formally known as APAK) makes it easy for you to monitor what stock you’re funding, access real-time views of your business and maintain your accounts efficiently, putting you in complete control.
Why choose MotoNovo Finance?
Bespoke facility to meet the requirements of your business. We will fund up to 100% of the CAP or trade value of your purchases. If you utilise our Supplier Direct Funding offering, we will directly pay 100% of a vehicle's invoice price including delivery and auction fees.*
Our terms are agreed upfront and are consistent across all units.
Your facility updates in real time, giving you full control of adding and settling vehicles - allowing you to manage your cash flow and stock levels.
The benefits to you:
Funding for cars, LCVs & motorbikes which can be purchased through multiple channels such as auction, wholesale, trade and part-exchange
Free up cashflow with up to 100% funding (VAT included), 210 days funding per unit and a bespoke single-funded value ceiling
Access everything all in one place through an online portal for real time management
Integrate with various Dealer Management System (DMS) providers
Supplier Direct Funding
Part of our Unit Stocking offering, Supplier Direct Funding allows our funded dealers to purchase vehicles quickly and conveniently from our growing list of partners.
The benefits to you:
• Convenience: a much quicker and simpler way to purchase and fund stock. Providing you have the headroom on your unit stocking facility, vehicles are loaded by the auction/vendor by API, allowing you to drive away with the vehicle on the same day.
• Cash flow: we’ll directly pay up to 100% of a vehicle's invoice price, freeing up cash to help grow your business.*
• Time saved: units are automatically loaded on to your Unit Stocking facility at point of sale, saving you time on administration with clear automated title trails.
• Flexibility: retain the flexibility to purchase stock from your preferred auctions and vendors across the UK.