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Benefits of adding top-up loans to your finance tool-kit

With the challenges we’re facing as an industry, Barclays Partner Finance is always looking for different ways to help. 

We recognise that it’s all about profit and maximising opportunities and with our Top Up Loan we can help you do just that. 

Add Top Up Loan to your finance toolkit and it can help you sell more add-on products, while at the same time increase your profit. But don’t just take my word for it. Here’s how it works.

We have partnered with a number of dealers who offer their own in-house protection proposition which tends to include Gap or VRI, service plans, warranty and paint protection. 

These dealers are successfully using our Top Up Loan to offer customers a manageable monthly payment to spread the cost.
What makes this product even more attractive to dealers is that a Top Up Loan can be offered to both finance and cash customers, opening up more opportunities for increased sales penetration which converts to higher profit.

And what’s more, we’re not only seeing success within sales departments, aftersales teams are also enjoying the benefits of offering the Barclays Partner Finance Top Up Loan facility to their database of customers.

Top Up Loans are being used to cover larger than expected service and repair bills and to offer accessories on a monthly payment option.

Barclays Partner Finance is about to carry out extensive research with its motor dealers to get their views on what else can be done to support them. 

This is not just looking at the short term. Barclays wants to ensure it has propositions and service for tomorrow’s new world. It is investing today for our combined futures.
Barclays Partner Finance, supporting you through
innovation.

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