THE Car Finance Company has today announced an exclusive agreement with GPS providers PassTime that will bring 70,000 telematics devices to the United Kingdom.
The Car Finance Company and PassTime have have already worked together for several years and this deal will build upon an already successful relationship.
Managing director & founder of The Car Finance Company Mark Smith said: ‘We have enjoyed a long term relationship with PassTime and it gives me great pleasure to sign a long term contract with the pioneers of this technology and we look forward to a prosperous and continued high growth future together.’
Founder/CEO of PassTime USA Stan Schwarz said: ‘PassTime has been supplying Payment Assurance and GPS devices to The Car Finance Company since 2009 and it is been a real pleasure to work with a company that recognizes the quality and features of the products that PassTime designs and distributes worldwide. We are looking forward to supporting The Car Finance Company’s continued growth in the UK markets and we also have just finalised a distribution agreement with them for additional expansion into additional European markets which is very exciting.’
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