BLACK Horse has said it will help dealers prepare for important finance changes coming next year.
The finance provider is set to provide training to dealers across the UK to prepare them for changes to the way finance can be sold and processed.
The changes are the result of the Consumer Credit Directive (CCD) which is mandatory for all lenders. January 31 is the implementation date, though Black Horse will apply the process on November 25 this year.
Black Horse managing director Chris Sutton, said ‘We’ve taken great care, when interpreting the new legislation, to consider what impact it will have on our dealers.
‘As a result, the information and training we’re providing them with is clear, accurate and thoroughly explained. Our aim is to help them overcome some of the complexities of the new legislation by helping them to embed it within their own sale processes.
‘We want our dealers to know that they don’t face this alone. Black Horse is leading the industry on this issue and we will be by our dealers’ sides to help them navigate and unpick the fine details of this change, every step of the way.’
by JAMES BATCHELOR