Welcome to Evolution Funding
Sales Procedure Guide
June 2024 | V10
Welcome to Evolution Funding
Sales Procedure Guide
June 2024 | V10
At Evolution Funding, we are always looking for ways to support your business, including meeting regulatory requirements and driving more vehicle sales. This Sales Procedure Guide covers how we do this, and outlines the requirements of our partners.
Click on each section below and use the “Continue” button at the bottom of each page to read through each section. You can also navigate to different sections using the contents list on the right-hand side of each page.
We welcome you to give us a test drive.
To our partners
Our scope and capabilities go far beyond that of a traditional broker. Evolution Funding is at the forefront of digital finance journeys, with our technology powering a broad range of customer experiences in the auto finance market.
At Evolution Funding, we are guided by a strong Purpose, Vision, and Mission, and a set of core Values embedded in the business for several years and aligned perfectly with the regulator’s priorities.
Since the launch of the Consumer Duty in 2023, we have worked towards its robust implementation. We have considered all aspects of the duty and how we and our dealer partners ensure compliance with it. When partnering with Evolution, you can be assured you are working with a business that has compliance, transparency, and fairness in its DNA and that our products, consumer journeys, and technology will deliver for your business and its customers.
The commission packages and terms we have in place with our dealer partners ensure you can evidence with total certainty that, when dealing with Evolution, there is no conflict of interest in the sales process; you are meeting all FCA regulatory requirements, including PS20/8 (Motor finance discretionary commission models and consumer credit commission disclosure).
We have a nationwide sales force and a dedicated Dealer Support team, enabling Evolution to provide complete account management support and business reviews to complement real-time MI analysis. As a result, we are the best-placed motor finance broker to support dealerships to deliver point-of-sale funding solutions and profitably sell more vehicles in a consistent, fair and transparent manner that meets consumer needs and regulatory requirements.
© Evolution Funding Limited. Please do not copy, cite or distribute without permission from Evolution Funding Limited. All information correct at time of publication (March 2024) and is subject to change without notice.