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First Vehicle Finance

Start a First Vehicle Finance Franchise

First Vehicle Finance

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First Vehicle Finance is an established successful company with over 15 years’ experience in the asset finance sector.

  • Do you want a more flexible way of working?
  • Do you have a passion for the automotive sector from sports cars to commercial vans?
  • Do you pride yourself on the relationships you build with customers?
  • Do you want a business that you have control over that doesn’t control you?

First Vehicle Finance could be the franchise for you…
 

Do you want a more flexible way of working?

A First Vehicle Finance business that can be run from a home-office, whilst being part of a franchise network with structured processes, IT systems and the support of an experienced franchisor behind you.
 

Do you have a passion for the automotive sector from sports cars to commercial vans?

You’ll need to be interested in building product knowledge of the vehicles you’ll finance and be able to gain rapport with customers about the type of vehicle they are looking to fund, as well as getting to know funders and suppliers.
 
You can be talking to customers about elite sports cars through to LWB Commercial vans – variety and an interest in gaining product knowledge will be vital for a franchisee with First Vehicle Finance.
 

Do you pride yourself on the relationships you build with customers?

Customer service and a personal relationship is key within this competitive market, being able to build rapport quickly and offer that individual service. It starts with the first interaction and quotes, through to focused following up, managed vehicle delivery and then the desire to get repeat business in 2, 3, 4, 5 years’ time. The goal of a franchisee with First Vehicle Finance is to become the ‘Go-To’ person for the customers vehicle or other asset finance.
 

Who are the Customers?

  • Businesses – Virtually every business, even one-man operations like plumbers and electricians.
  • General Public – More people are now considering the benefits of leasing for their private vehicles with servicing and maintenance packages included, allowing them to budget more accurately for their motoring costs.

 

Do you want a business that you have control over that doesn’t control you?

The First Vehicle Finance business is all about being self-motivated in following up on quotes, being tenacious and wanting to close the business. You work mainly from home so can build the business around your lifestyle but it is about putting the hours in to get the income required. But YOU control those working hours.
 

What does it cost to become a First Vehicle Finance franchisee?

The First Vehicle Finance Franchise Fee is £17,500 + VAT. It includes the following:

  • Training in all aspects of the system. This will include training in all the compliancy issues that will allow you to operate as an Approved Representative under the FCA regulations
  • Three month’s Launch Marketing through Search Engine Optimisation, Social Media and support on local marketing.
  • First Year’s Membership BVRLA
  • Computer terminal for use with required system
  • VOIP Telephone system, which is required so that all customer calls are recorded through the FVF system for FCA monitoring purposes
  • Software system set-up
  • Your own First Vehicle Finance Website including 1st year Domain Name licence
  • Business Stationery
  • Business Planning Support
  • On-going training and support via phone, email, meetings in all aspects of the business from sales through to compliance.

*home office set-up and small amount of working capital required.
 
To start a business with First Vehicle Finance the minimum investment is £14,000.
 

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First Vehicle Finance Report Growth in new cars driven by move to eco-friendly vehicles

Data from the Society of Motor Manufacturers and Traders (SMMT) showed that 343,255 new passenger cars were registered in September, the first month of the[..]

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  • UK-Wide
  • Franchise
  • £14,000
  • Yes
  • Yes
  • Yes
  • Yes through a 3rd party
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