DealTrak has today announced a partnership with finance providers Raphaels Finance, the Lending division of Raphaels Bank.
DealTrak is a leader in Finance and Insurance (F&I) software, providing solutions to the motor and asset sectors. This partnership will see Raphaels Finance named as a preferred supplier on DealTrak’s industry-leading platform, giving them access to motor dealers and brokers across the UK.
Raphaels Finance provides both consumer and asset finance facilities to customers in a wide range of industry sectors. They offer specialist loans including wheelchair adapted vehicles and asset finance as well as traditional vehicle loans.
Raphaels’ presence on the platform adds diversity to DealTrak’s platform and further choice to motor brokers and dealers and as Managing Director, Martin Hill, explains:
“The presence of Raphaels Finance on DealTrak further bolsters our system and gives motor brokers and dealers more choice than ever in the finance products they have access to.
“Having spent many years in the motor industry and speaking to brokers and dealers every day, we know that choice is paramount to the customer. This deal, therefore, hits the mark in many ways, but most importantly it adds real value to the sales teams within motor brokers and dealers who use our system.”
Patrick Charlton, National Sales Manager of Raphaels Finance added, “This is an important deal for us. It’s a strategic partnership that underpins our holistic approach to the motor finance market. The system itself is cutting edge and provides the perfect integrated solution for our brokers which we expect to bring benefits across the board.”
As well as giving Raphaels Finance access to the system, the deal also provides the opportunity to attend DealTrak media forums and create joint marketing strategies.