April 1st 2005.
Retail finance provider Open + Direct has entered the motorcycle market with a range of specialist finance products, designed to widen customer choice and increase profit opportunities for dealers.
The products are delivered via Open + Direct's XML POS system, called Easycredit, which is reported to provide credit approvals in less than 15 seconds. This system provides a total credit figure for each customer, giving dealers greater flexibility when making a sale. XML technology can be integrated into the dealer's point-of-sale software.
Open + Direct will be launching three main finance products:
1) A standard motor loan, financing the vehicle(s) and extras
2) A top-up loan, which can be used to refinance negative equity, up to £5,000
3) A personal loan, which is suitable for financing accessories, up to £2,000
Open + Direct's TL1000R-riding Sales and Marketing Director Steve Penistone said: "Our new products will enable dealers to improve both their average sales value and profit line, reduce costly errors and administration and give them an ideal sales tool to sell up customers."
For further information, contact Sales Development Manager Ian Smith on 07841278737.  
Pictured: Sales and Marketing Director Steve Penistone