{"id":20088,"date":"2024-08-20T09:34:10","date_gmt":"2024-08-20T09:34:10","guid":{"rendered":"https:\/\/stg-evopublic-testupdates.kinsta.cloud\/public\/?p=20088"},"modified":"2024-09-10T10:07:08","modified_gmt":"2024-09-10T10:07:08","slug":"evolution-funding-saf-approved-deadline","status":"publish","type":"post","link":"https:\/\/www.evolutionfunding.com\/public\/evolution-funding-saf-approved-deadline\/","title":{"rendered":"Evolution Funding Raises Awareness of SAF Approved Deadline for Independent Dealers"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20088\" class=\"elementor elementor-20088\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c8114e2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c8114e2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-84782ea\" data-id=\"84782ea\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4567e75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4567e75\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-016a1e6\" data-id=\"016a1e6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d628bbc elementor-widget elementor-widget-text-editor\" data-id=\"5d628bbc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3>As part of Evolution\u2019s ongoing commitment to provide support and resources to our dealer partners, we are working to raise awareness of the SAF Approved deadline.<\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1198046 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1198046\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4ecfbeb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ecfbeb\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-2b9dfc8\" data-id=\"2b9dfc8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23078ae elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"23078ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4 style=\"font-family: Roboto;\">What is the SAF Approved deadline?<\/h4><h4><span style=\"color: #575575; font-size: 16px; font-weight: normal;\">A new provision has been added to the Finance &amp; Leasing Association\u2019s (FLA) Lending Code, meaning FLA members can only arrange finance through SAF Approved (or equivalent) dealers and brokers. The majority of the UK\u2019s vehicle finance providers are FLA members.<\/span><\/h4><p>Independent used vehicle dealers must become SAF Approved (or equivalent) <strong>by 1 January 2025<\/strong> to continue offering finance to customers using lenders who are FLA members, either directly or through Evolution Funding.<\/p><p>Franchised dealers or brokers should have been SAF Approved or equivalent since January 2023.<\/p><p><strong>SAF is free.<\/strong> This is about improving standards across the industry. SAF Approval can also instil confidence and trust in the dealer\u2019s business, so we encourage them to promote SAF approval on their website and in the dealership.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-bbd62f4\" data-id=\"bbd62f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-d4deda1\" data-id=\"d4deda1\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db3357f elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"db3357f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"far fa-file-pdf\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59f7885 elementor-widget elementor-widget-text-editor\" data-id=\"59f7885\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Download the SAF System User Guide 2024<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89612b2 elementor-widget elementor-widget-spacer\" data-id=\"89612b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-339f84a elementor-align-left elementor-widget elementor-widget-button\" data-id=\"339f84a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/evocdnsaprod.blob.core.windows.net\/marketing\/SAF%20System%20User%20Guide%202024.pdf\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-arrow-down\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download Guide<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-8832375 elementor-widget elementor-widget-spacer\" data-id=\"8832375\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-84e08e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84e08e1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0b3944e\" data-id=\"0b3944e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e58b43 elementor-widget elementor-widget-text-editor\" data-id=\"6e58b43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>What action must dealers take?<\/h4><p>Firstly, they must <a href=\"https:\/\/www.fla-learn.co.uk\/RegisterOrganisation?returnUrl=%2F\" target=\"_blank\" rel=\"noopener\">register their company for the SAF Expert test<\/a>.<\/p><p>To become SAF Approved, all customer-facing staff who discuss finance with customers must pass the SAF Expert test. Once their customer-facing staff have passed the SAF Expert test, they can apply for SAF Approved certification. Their staff must retake the test <strong>every year<\/strong> to maintain your SAF Approved status.<\/p><p>More information on the process to become SAF Approved can be found <a href=\"https:\/\/www.specialistautomotivefinance.org.uk\/saf-approved\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e46f19 elementor-widget elementor-widget-spacer\" data-id=\"4e46f19\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9de7e10 elementor-widget elementor-widget-text-editor\" data-id=\"9de7e10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4>SAF equivalence<\/h4><p>If the dealer is using an alternative vehicle finance training provider that is recognised as a <a href=\"https:\/\/www.specialistautomotivefinance.org.uk\/news\/saf-equivalence-providers\/\" target=\"_blank\" rel=\"noopener\">SAF Equivalence Provider<\/a>, the provider will monitor progress and apply to the FLA for SAF Equivalence status on their behalf. Further information on the criteria and process can be found <a href=\"https:\/\/www.specialistautomotivefinance.org.uk\/news\/saf-equivalence-criteria-and-process\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p><p>For more information about SAF, please visit: <a href=\"https:\/\/www.specialistautomotivefinance.org.uk\/what-is-saf\/\" target=\"_blank\" rel=\"noopener\">What is SAF? &#8211; Specialist Automotive Finance<\/a><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>As part of Evolution\u2019s ongoing commitment to provide support and resources to our dealer partners, we are working to raise awareness of the SAF Approved deadline. What is the SAF Approved deadline? A new provision has been added to the Finance &amp; Leasing Association\u2019s (FLA) Lending Code, meaning FLA members can only arrange finance through [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":20172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-20088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Evolution Funding Raises Awareness of SAF Approved Deadline<\/title>\n<meta name=\"description\" content=\"As part of Evolution\u2019s ongoing commitment to supporting our dealer partners, we are raising awareness of the SAF Approved deadline.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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