BNP Paribas Personal Finance is delighted to announce that, following the recent launch of its new motor finance solution, its motor finance team has been Specialist Automotive Finance (SAF) approved demonstrating its commitment for driving positive change within the industry.
The test was introduced by the Finance & Leasing Association (FLA) in 2007 to boost professionalism in motor dealerships and to increase consumer confidence in car finance.
Colleagues in operations and sales teams across both offices in Solihull and Belfast all successfully passed the online voluntary SAF competence test which assesses knowledge of the available types of car finance and the regulations that govern their sale in dealerships. As a result the company has now achieved full SAF Approved status. Individuals will repeat the test every 12 months to ensure they keep their knowledge up to date and all new recruits within the motor finance team will also be required to achieve SAF accreditation.
BNP Paribas Personal Finance supports its colleagues promoting the benefits of the qualification to dealers to provide better information and advice to customers on which product is right for them.
Andrew Brameld, Managing Director of Motor Finance at BNP Paribas Personal Finance UK comments: "The SAF accreditation is in the interest of the wider automotive industry and provides dealership sales staff the confidence and knowledge they need to present our products clearly and responsibly. We strongly welcome the introduction of this industry standard and have given it our full backing by ensuring all of our operations and sales teams pass the test. As a provider of motor finance we continue to actively promote SAF to our partners and to improve standards within our industry."