Car repair and maintenance

Increasing sales and EBITDA in the car trade is easier than ever before. Car dealerships stay in control throughout the lifecycle of the customer relationship by providing car service financing through the Lendiro platform

SOLUTIONS / CAR TRADE AND MAINTENANCE

Increase sales by financing car maintenance from your own balance sheet

Growth targets are difficult to achieve in a challenging market environment. For example, growth in sales and EBITDA should be at least partly achieved from the existing customer base. But how?

By integrating the Lendiron system into your purchasing process, you can provide car maintenance from your own balance sheet. Financing is automated and the financed customer has access to an online service for loan management.

In addition to the Lendiron system, you can also maintain other financing options.

Comprehensive service

We provide a complete solution including a backend interface and the necessary online services for the end customer.

More revenue from costs and interest

Profitability in the retail sector is falling and it is challenging to increase sales margins. Did you know that the BNPL payment method has an average 3.8% higher EBITDA?

Efficient and secure

Your customers' data is safe in a modern system and with correctly formed and signed credit agreements, you ensure your legal rights.

How does it work?

Current solution

  • Customer applies for an instalment from a finance company
  • 40% of applications are accepted and the rest are rejected
  • Up to 90% of rejected applications do not lead to a transaction

The Lendiron solution

  • The customer applies for an instalment payment of his own
  • 40 % accepted
  • The remaining 60% will be channelled to other funding partners
  • Up to 40% of these lead to a financing agreement
  • Maximise the return on your funding

System features

Here are some of the key features of the system

  • Strong identification of customers
  • Default and credit information surveys
  • Consumer and business loans
  • Support for using the Positive Credit Register
  • Treatment of guarantees
  • Calculation of interest rate
  • Extensive reports
  • Creating invoices
  • Self-defined credit policy
Interested? We'd love to tell you more!

Why a dedicated financial product?

  • BNPL conversion rises - More finance providers and a dedicated credit approval process for car dealers
  • Significant EBITDA growth - Returns from the financial payment method remain for the car trade
  • Increased customer satisfaction - Easy and fast service and a transparent process improve the customer experience
A tidy workspace featuring a laptop, coffee cup, phone, and notepad on a wooden desk.

Want to see how Lendiron could help grow your dealership's business?

Book a demo