New iVendi deal boosts Tandem Motor Finance’s dealership reach

Tandem Motor Finance has signed a new deal with iVendi that will enable the company to offer its products to “thousands” of additional car dealers.

The partnership introduces a new point-of-sale platform, designed to streamline the distribution of motor finance across vehicle retailers. This platform facilitates easy handling of quotations and applications for both online and showroom purchases, while ensuring a high level of compliance.

Dave Anderson, sales director at Tandem’s motor finance division, said: “This is an exciting development for us, which will help extend our market reach and ensure more dealers become aware of our fresh thinking approach to a rapidly changing motor finance market.”

Anderson praised iVendi’s innovative reputation in the dealer finance industry: “From long, personal experience, I am very aware of iVendi’s reputation for reimagining the future of dealer finance in an increasingly digital world. Embracing their latest digital innovation is a step that will help us collaborate closely with more dealers, helping them to offer their customers seamless, tailored finance journeys and create positive outcomes for their customers and themselves.”

“Agility is at the heart of a dealer’s success,” Anderson added. “Our collaboration with iVendi is all about providing a new level of agility and speed for dealer finance. It will enable dealers to delight their customers and support their compliance requirements.”

James Tew, CEO of iVendi, added: “We’re very pleased to be working with Tandem and once again with Dave. Our new platform is an ideal springboard for a business in their stage of development and should help them to place their proposition in front of potentially thousands more dealers than they would otherwise reach. It’s an exciting moment.”