Search
Close this search box.
Sign up for our weekly Newsletter

FLA launches Motor Finance Specialist apprenticeship

BMW M8 Gran Coupe Concept
BMW M8 Gran Coupe Concept

Share

March 9, 2018

THE Finance & Leasing Association (FLA) has launched a Motor Finance Specialist apprenticeship to provide specialists for the market.

The FLA’s website contains contact details for three well-established training providers who have already signed up to help employers develop tailor-made courses, along with advice on how to hire apprentices.

The FLA says the launch of the apprenticeship follows 18 months of discussions between FLA members, brokers, dealerships and professional bodies.

The plan has been to devise a training programme that matches the specific skills and knowledge required in a market where 88% of private new car purchases are made using motor finance.

The one-to-two-year, Level 3 apprenticeship uses a core curriculum which then branches into options to suit either finance specialists, working for a lender, or retail specialists, who liaise directly with car buyers in the dealerships. The independent assessment process examines a number of areas, including knowledge of the finance products, regulatory compliance and customer service.

Adrian Dally, Head of Motor Finance at the FLA, said:

“The Apprenticeship Standard will help to attract new talent who want to build their careers in motor finance. This kind of commitment to the industry is good for competition, customer service and the responsible provision of credit that is central to this market.”

Thinking of the switch to electric?

Need help in finding the right electric vehicle for you? Compare driving range, battery capacity, charging time, price, and features to find the perfect EV for you.

Got a spare 30 seconds?

 Help us to provide you with better market insight by completing a very short survey. It is anonymous and only takes 30 seconds. You will get free access to the quarterly results.

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Leasing Broker Federation

Leasing Broker Federation

The Leasing Broker Federation is an independent membership organisation supporting leasing brokers and operators across the uk. It better equips brokerages with knowledge and skills supporting them to thrive within this growing sector.

Latest news

Scroll to Top