Delivering Innovative Solutions to Car Finance - Blue Motor Finance Advertisement feature

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Blue Motor Finance is one of the UK’s premier consumer lending companies, lending over £750m to more than 70,000 customers to date. This remarkable growth since they launched in 2014, has led to Blue being voted 21st in the 2018 FT1000 Europe’s Fastest Growing Companies. Blue also successfully completed its first auto loan securitisation in July 2018.

Award winning technology

Blue’s super-efficient Dealer App Store creates a secure hub for dealers. It allows Blue to deliver systems with one controlled login, making it easy for Blue to deploy new products and services without interrupting the service provided. The Dealer App Store enhances Blue’s offering by enabling dealers to manage everything from quotes, applications, reports and payouts without the need of various applications.

Blue use agile development methodologies, leveraging cloud infrastructure combined with strong domain knowledge to build expert systems. This automates all the significant processes within the business. As a real-time data-driven company, their systems allow them to monitor performance and make key decisions quickly and effectively – creating unique solutions for car finance.

Advanced technology enables Blue to operate across the whole credit market and have a range of integrated scorecards and risk policies that allow the maximum amount of business to be written. Blue’s innovative approach means that proposed deals will fall through the tiers until accepted (or rejected outright). Blue’s processes allow them to perform one credit search that will only be recorded on the customer’s credit file once the deal has paid out.

For customers that fall outside of Blue’s lending criteria, Blue’s specialist deal making team act as a broker to help find alternative finance options through other specialist lenders.

Blue provides their partners with the best-in-class service with a relentless focus on technological innovation, risk management and the highest standards of regulatory compliance. Blue are one of the most flexible and advanced direct lenders in the market, offering competitive finance packages, quick decisions and reduced administration time, coupled with their innovative customer proposition. Alongside their standard hire purchase product, Blue have introduced an innovative, flexible finance product that means customers can take finance over a maximum 7 year term with a monthly payment comparable to PCP.

Blue understands that time and speed is a valuable resource for its customers. This is why Blue have created a customer portal which allows customers to access their finance agreement at any time. Customers can also check their payments, amend personal details or request an early settlement figure.

Blue are proud of the numerous prestigious awards and accolades they have won including most recently: Motor Finance of the Year - winner 2018, Car Finance Best Service to Dealers – highly commended, Car Finance Best Independent Lender (Non-bank owned) – highly commended 2018.