Lender Status Updates

Following the court hearing on commission disclosure on Friday, October 25th, which could significantly impact motor finance, several lenders may temporarily pause lending. iVendi is staying in close contact with all lenders. Find the latest status and further details below.

  Last update time: 11:00am -  18 November 2024

 

... Lender Name Status Update Update Time
  Admiral “Trading as usual with a full commission disclosure and pre-approval proposition. New Dealers Can Register Now. Call 0345 226 0503"
17:17pm - 31 October 2024
  Advantage Finance "Advantage Finance are able to continue trading with all their dealer partners." 13:47pm - 31 October 2024
  Alphera Finance "Alphera Finance are able to continue trading with all their dealer partners." 17:17pm - 31 October 2024
  Auto Union Finance "After a recent review of our portfolio, we can confirm that we are able to offer HP, PCP and LP applications, so will continue to trade with our dealer partners." 14:26pm - 29 October 2024
  Black Horse "Remain trading and are implementing their changes asap to disclosure." 10:46am - 28 October 2024
  Blue Motor Finance "Blue are able to continue trading with all their dealer partners." 09:29 am - 30 October 2024
  BNP Paribas Personal Finance “BNP Paribas Personal Finance are continuing to work with all their dealer partners." 09:51am - 30 October 2024
  BMW / MINI FS
"BMW & MINI FS  are able to continue trading with all their dealer partners."
17:17pm - 31 October 2024
  Close Brothers "Close Brothers are live for website and showroom quoting and submission." 11:00am - 18 November 2024
  Credit Agricole "Credit Agricole are continuing trading with all their dealer partners." 17:27pm - 28 October 2024
  DSG & Connected Car Finance "DSG are continuing trading with all their dealer partners." 16:20pm - 28 October 2024
  Evolution Funding (including Motion & Creditas) "Evolution are continuing trading with all their dealer partners." 14:39pm - 28 October 2024
  First Response Finance “First Response Finance are continuing to work with all their dealer partners." 13:18pm - 28 October 2024
  Honda "Honda are continuing trading with all their dealer partners." 10:03am - 31 October 2024
  Mallard Finance  "Mallard Finance are able to continue trading with all their dealer partners " 13:30pm - 30 October 2024
  Mann Island "Mann Island are able to continue trading with all their dealer partners." 09:32am - 31 October 2024
  Marsh Finance "Marsh are able to continue trading with all their dealer partners." 09:47am - 1 November 2024
  Mercedes Benz FS "Mercedes-Benz Financial Services UK Limited are continuing trading with all their dealer partners." 17:26pm - 28 October 2024
  Mobilize "Mobilize are continuing trading with all their dealer partners." 10:03am - 31 October 2024
  MotoNovo Finance "MotoNovo Finance are trading with an automated Commission Disclosure Solution with Customer Consent with with all their dealer partners." 13:36pm - 6 November 2024
  Northridge Finance

"Northridge Finance will be live from tomorrow morning at 10 am (10am Saturday 9th November 2024)."

09:06am - 11 November 2024
  Oodle "Oodle are continuing to work with all their dealer partners." 13:10 - 28 October 2024
  Santander "Santander are continuing trading with all their dealer partners." 13:02pm - 28 October 2024
  Startline "Startline are continuing trading with all their dealer partners." 14:14pm - 28 October 2024
  Stellantis "Stellantis are continuing trading with all their dealer partners." 17:17pm - 31 October 2024
  Tandem "Tandem are able to continue trading with all their dealer partners." 13:48pm - 31 October 2024
  TFS "TFS are able to continue trading with all their dealer partners."  10:06am - 31 October 2024
  V12 & Moneyway "V12 & Moneyway are able to continue trading with all their dealer partners." 10:40am - 1 November 2024
  Volkswagen FS Awaiting Lender Update -
  Zopa "Paused lending with retailers, but still open for broker business" 10:09am - 31 October 2024