{"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":"2026-06-02T08:13:08","modified_gmt":"2026-06-02T08:13:08","slug":"evolution-funding-saf-approved-deadline","status":"publish","type":"post","link":"https:\/\/www.evolutionfunding.com\/public\/news\/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<div class=\"elementor-element elementor-element-28ed78b e-flex e-con-boxed e-con e-parent\" data-id=\"28ed78b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3bceae8 elementor-widget elementor-widget-text-editor\" data-id=\"3bceae8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tAs 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.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72c9985 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"72c9985\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\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<div class=\"elementor-element elementor-element-19a8bba e-con-full e-flex e-con e-child\" data-id=\"19a8bba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2beb1a6 e-con-full e-flex e-con e-child\" data-id=\"2beb1a6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-607d258 elementor-widget elementor-widget-heading\" data-id=\"607d258\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is the SAF Approved deadline?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e08c62c elementor-widget elementor-widget-text-editor\" data-id=\"e08c62c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>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.<br \/>Independent used vehicle dealers must become SAF Approved (or equivalent) by 1 January 2025 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>SAF is free. 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<div class=\"elementor-element elementor-element-2e2881a e-con-full e-flex e-con e-child\" data-id=\"2e2881a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6fb639e elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"6fb639e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\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 class=\"spectre-lucide-download spectre-icon--style-outline\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"> <path d=\"M12 15V3\"\/> <path d=\"M21 15v4a2 2 0 0 1-2 2H5a2 2 0 0 1-2-2v-4\"\/> <path d=\"m7 10 5 5 5-5\"\/> <\/svg><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a81ca22 elementor-widget elementor-widget-heading\" data-id=\"a81ca22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Download the SAF System User Guide 2024<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d7b5dd elementor-align-left elementor-widget elementor-widget-button\" data-id=\"5d7b5dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\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\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\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\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b19ad69 elementor-widget elementor-widget-heading\" data-id=\"b19ad69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What action must dealers take?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ae97ed elementor-widget elementor-widget-text-editor\" data-id=\"7ae97ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Firstly, they must\u00a0<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\u00a0<strong>every year<\/strong>\u00a0to maintain your SAF Approved status.<\/p><p>More information on the process to become SAF Approved can be found\u00a0<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 class=\"elementor-element elementor-element-25867fb elementor-widget elementor-widget-heading\" data-id=\"25867fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SAF equivalence<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3d7440 elementor-widget elementor-widget-text-editor\" data-id=\"a3d7440\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If the dealer is using an alternative vehicle finance training provider that is recognised as a\u00a0<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\u00a0<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:\u00a0<a href=\"https:\/\/www.specialistautomotivefinance.org.uk\/what-is-saf\/\" target=\"_blank\" rel=\"noopener\">What is SAF? \u2013 Specialist Automotive Finance<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\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":1,"featured_media":26217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"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 v28.1 - 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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