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Capital's wholesale/retail F&I portal

Capital Bank Motor has launched a new Internet portal, which brings wholesale and retail point of sale finance systems together into one environment – a first for the motor finance industry says the company. and its services have been developed in line with the launch of Capital Bank Motor's new e-based point of sale system called Connections and its new on-line wholesale management system for vehicle stock funding, together developed at a cost of over £8 million.

The system includes provision of real-time management and F+I performance data. That means the dealer no longer has to submit information and then wait until the second or third week of the following month to receive performance data. The data is there, on-line, 7 days a week and 364 days of the year.

It also provides access to Capital Bank Motor's training and development division PROfit, which details the latest courses available to dealerships on staff support and development.

Through the system's stock locator facility, stock purchasing departments within dealerships will also soon be able to enquire when Bank of Scotland will be disposing of its fleet vehicles ahead of the sales taking place – giving dealers the facility to plan ahead to maximise on purchasing good quality stock through the Group's inventory disposal programmes.

Says David Foster of Captital Bank Motor: “There's nothing more frustrating for dealership staff than a host of website address or icons on the PCs to access different services that are required everyday from their finance house. What we wanted to do was to make dealing with Capital Bank Motor easy, a one stop shop. Whether you're a stock administrator, salesman or indeed the dealer principle wanting to enquire about the F+I performance of the dealership that day, week or month, all these services are now only one or two clicks away. “

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