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MotoNovo - Stock Funding
We have formed a stock funding partnership with MotoNovo. Motonovo Finance have pivoted the traditional funding process. Instead of dealers paying MAG for stock and then adding each vehicle to their stocking plan to seek funding from them, MAG loads the vehicle to the dealer’s plan and MototNovo pay MAG directly.
With the new and exciting partnership, MotoNovo ease the process of acquiring a used vehicle. MotoNovo aim to reduce the cost and friction of acquiring a used car through auctions with their direct funding model. This can save you time on administration with the convenience of the vehicle being added to your Unit Stocking Facility at point of sale. You will have the reassurance that once the hammer drops, the vehicle is paid for up to 100% of the invoice price including additional invoice values, and you can simply add it to your showroom.
Find Out More About MotoNovo's Dealer Funding
V12 Vehicle Finance - Stock Funding (In partnership with Motor Auction Group)
Introducing you to our Vehicle Finance Stock Funding partnership with V12 Vehicle Finance (V12VF) through Motor Auction Group.
V12VF enables dealers to source and fund stock across our physical and online auctions helping you to sell more vehicles, more often.
Download V12VF’s Stock Funding Brochure
Explain more about Stock Funding with V12VF
How do I get started?
V12 Vehicle Finance is a trading name of Secure Trust Bank PLC. Registered in England and Wales 541132. Registered Office: Yorke House, Arleston Way, Solihull, B90 4LH. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our registration number is 204550. Used Vehicle Stocking provided by V12 Vehicle Finance is not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
LE Capital – Dealer Finance
LE Capital has partnered with MAG to provide dealers with 100% vehicle funding, including buyer and delivery fees.
The product makes it easy for you to manage your cashflow so you can focus on selling cars.
The funding features include:
The offering also significantly reduces your business’ administrative burden because LE Capital manages direct payments to MAG. This means you can focus on your business rather than worrying how you finance your stock.
LE Capital has now funded over £300m vehicles and brings a wealth of expertise to help dealerships grow using stock funding.
You can apply for funding here.
If you have any questions about our product, you can also call us on 0116 502 0116 or email on info@LECapital.co.uk.
Flexible, fast, and convenient wholesale stock funding for independent and franchised dealers.
NextGear Capital has partnered with MAG to provide dealers with 100% vehicle funding. A NextGear stocking plan can be used to fund purchases at any MAG auction, including buyer and delivery fees.
The freedom to buy
Stocking up your forecourt has never been so easy. You pay only for what you use, no expectations. You can buy the stock you need, from the sources you like, through the channels you choose.
Experience you can depend on
We’re honest about our motivation and absolutely focused on our purpose: to help dealers be more successful. That’s it.
Join us today
Simply apply online at nextgearcapital.co.uk/apply-now or call 0343 50 60 600.
* 100% of the hammer price plus auction and delivery fees (auction purchases), or lower of CAP clean/invoice price (trade vehicles) + VAT funded on LCVs and qualifying vehicles up to the value of £45,000.