Motor finance technology provider DealTrak has partnered with used car financer Oodle Finance, providing DealTrak’s lender and broker clients access to its products and services.
Oodle Finance, which recently received £60m in investment from KKR, provides HP and PCP loans, and the deal will see it named as a ‘lender partner’ on DealTrak’s platform.
Martin Hill, managing director of DealTrak, said: “We’re delighted to kick off the New Year by bringing on another lender partner to the DealTrak platform.
“We have everything from high street lenders to the more disruptive start-ups such as Oodle, giving dealers and brokers a range of options available to their customers.”
Phil Williams, managing director of Oodle Finance, said: “Partnering with DealTrak gives us the ability to offer motor dealers, brokers, and their customers the most affordable lending solutions and reward them for long term loyalty and performance.”
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By GlobalData