How AMT’s Asset Management Finance works with Introducers - Amt Auto

HOW AMT’S ASSET MANAGEMENT FINANCE WORKS WITH INTRODUCERS

At AMT, we offer a risk-based pricing and underwriting service, with the ability to fund Limited Companies with limited credit, who are not normally considered by most mainstream funders. We complement your existing funding relationships by funding what they won’t.

We fund typically on Non-regulated Contract Hire, Non-regulated Finance lease (with & without balloon) and non-Regulated Hire Purchase (with & without balloon). We will fund pre-registered and used vehicles on Non-regulated Contract Hire, Non-regulated Finance lease (with & without balloon) and non-Regulated Hire Purchase (with & without balloon).

As well as funding all types of commercial vehicles and specialist vehicles that are not normally on mainstream funders quoting systems, we fund high-value vehicles including Rolls Royce, Bentley, Lamborghini, Ferrari and Porsche.

We fund standard contract terms of 24 to 60 months and will also fund vehicles on shorter contract terms, typically 12 and 18 months, offering even more flexibility.

Through our partner Cystar Insurance Services, we are able to help your customer secure bespoke business vehicle insurance. Cystar is a member of one of the largest Insurance networks in the UK and understand the complexities of securing the correct business vehicle insurance. They can offer dedicated claims assistance in the event of an accident and will allocate a personal account handler to work alongside you throughout your policy.

How does it work?

Find the vehicle you are looking for in the system and run a quote, including your required level of commission.

You can quote on vehicle availability from the following sources:

  1. AMT pre-ordered stock list
  2. Factory order availability
  3. Existing Dealer stock
  4. Vehicle rental Fleet
  5. AMT Specialist Cars stock
  6. Dealer Pre-reg & used car stock

What next?

Send a completed Finance proposal form to us, including the source of your initial enquiry.

Let us know who is supplying the vehicle, i.e., Dealer details, and when it is expected to be available for delivery. If it is a pre-registered or used vehicle, we will require the enclosed used car check list to be completed by the supplying Dealer or Agent.

What further information do we need?

To help us underwrite your proposal we will need the following information as a minimum which will be used to carry out our financial checks and underwrite the opportunity in full.

  • Long established Limited Companies and Partnerships (4 or more partners)

Fully completed proposal form with all Director details.

All applicants have different circumstances, so each application is reviewed and approved or rejected on a case-by-case basis. An underwriting decision will be made, and you will be informed of this, which will fall into one of the following categories:

  • Accepted as proposed
  • Accepted with conditions
  • Referred to underwriter
  • Declined

When the opportunity is accepted with conditions you will be given detail around the decision criteria and any conditions of acceptance required such as:

  • If additional advance rentals are required
  • Full maintenance must be included
  • If a directors Guarantee is required
  • If a security deposit is required
  • Specific ID Requirements
  • Specific insurance conditions & requirements

Once your customer is accepted on finance, our dedicated team will then take over and make all of the necessary arrangements.

 

AMT are passionate about providing vehicle solutions for all, whatever your customer’s financial status as an individual or business. No other business will work harder to deliver the vehicles and mobility you need. Get in touch with the team today to see how we can help ownbook@amtauto.co.uk

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