Specialist motor finance provider, Cygnet Financial Services Limited, has been awarded ‘SAF Approved’ accreditation by the Finance and Leasing Association (FLA).
The Greater Manchester based company is part of motor finance group The Funding Corporation.
All employees of the firm have passed the FLA ‘specialist automotive finance’ competence test.
The SAF programme was introduced by the FLA in 2007 following research which identified a mix of dealership competency and lack of customer confidence in dealership point-of-sale finance.
The programme is also backed by the Financial Services Authority (FSA), the Office of Fair Trading (OFT) and Retail Motor Industry Federation (RMIF).