1:24 am, November 15, 2011
ALPHERA Financial Services is calling for finance companies to invest more in their dealer and broker partnerships.
The finance firm is calling for the partnership after Evolution Funding, who have been working with Alphera for five years, have won two awards at this year’s F&I Conference in Milton Keynes.
Alphera and Evolution developed a PCP product in August 2011- which allowed more flexibility and enabled the improvement of sales.
Nick May, sales manager from Alphera said: ‘We are committed to going beyond simply providing finance packages for our partners. Our belief is that by developing strong relationships through which we understand a partner’s business needs, it enables Alphera to provide award winning F&I packages, and continue to be a valued and trusted consultant.
‘It’s a common misconception that PCP is a new car product. The fact that we provide a very competitive and flexible PCP for used cars was a clear appeal for Evolution and something which we knew would benefit their business,’ said May.
‘There are various ways in which finance can help dealers strengthen their business. But by offering a wide range of packages and personalising deals, along with the right training and support, we offer a better service for our partners, helping them to increase customer retention and ultimately boost profit.’
Alphera attended a sales meeting at Evolution to perform residual value analysis, compare products to one another and demonstrate how this particular PCP package would work.
Jeremy Levine, director of Evolution Funding said: ‘Working with Alphera on bespoke finance packages of this kind has enabled us to further differentiate ourselves from the competition.
‘Not only was the agreement arranged and completed quickly and seamlessly, but we had the full support of Alphera when it came to implementing the product into our existing business. We are delighted to have won two awards and look forward to winning again through our relationship with Alphera.’
