THE UK’s newest funder, Drivalia, is open for business from 06 March with underwriting terms for business contract hire.
Drivalia says it has engaged a number of strategic broker partners to ensure the system is operational and efficient and will engage further broker partners during the weeks and months that follow.
The system actually goes live internally on the 28th and we're looking to go live externally on the week commencing 6th March. So it's been a lot of effort in a short space of time to ensure we are ready for business. Our initial partners will provide any necessary feedback so we can make rectifications should they be needed before we expand access to the quote system.
Drivalia is owned by FCA Bank, which is part of France’s second biggest bank, Credit Agricole. The company has ambitions to be a top 20 leaseco within the next five years.
This moment is the culmination of a huge amount of work - some 15,000 work hours - by a dedicated team working alongside excellent collaborative partners and suppliers to make Drivalia market ready. It's a fantastic achievement by all concerned.
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Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
