LeaseFetcher, a brokers comparison website for car finance, has launched to the public.
The platform, from Glasgow-based web marketing agency Digital Impact, scans offers from partner UK brokers and subsequently list available finance deals for each car model in its database.
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The website is targeted at both consumers and businesses, and allows search by a variety of criteria, including budget, make, size, fuel and emissions.
The website is still in the beta phase. The company said it launched it as a minimum viable product in order to see what the feedback in terms of user engagement and interaction.
A spokesman for Digital Impact told Motor Finance that the company had been approached by a number of lenders to discuss partnerships over LeaseFetcher, but this was not something that they had looked into yet.
LeaseFetcher had been in the works for two years, and raised £300,000 in seed funding last summer. Development agency Scottish Enterprise also contributed a £93,000 grant to the project .
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By GlobalDataWill Craig, managing director at Digital Impact, said in August: “When I was trying to lease my last car, I really struggled with the tools on the market. That’s when I began thinking about how I could use technology to support a better buying process in the industry.
“Moving forward, [we] plan to grow LeaseFetcher into a global market leader.”
In past years, Digital Impact has worked on development projects for Allied Vehicles and Pure Vehicle Leasing among others.
