When a vehicle finance application is declined, starting again shouldn’t be the only option.
Our solution allows dealers to resubmit declined applications instantly to alternative lenders using the same data, without rekeying.
Lender Switch is an integration that helps motor dealers place finance applications more efficiently. When a finance application is marked as “unable to assist” in your Codeweavers CommerceHub or Point of Sale system, Lender Switch allows you to submit that same application to other lenders or brokers on your approved panel, without having to re-enter the information.
In simple terms, it saves time and improves conversion by enabling declined or unassisted applications to be passed on to alternative finance providers you already work with, increasing the chances of securing finance for the customer.
Customers who are declined for finance can instantly reapply with alternative lenders without restarting the application process.
Easy second-string lender applications for previously declined customers reduces customer drop-off, keeping deals alive and improving overall sales.
Seamless reapplication journey reduces customer frustration and abandonment increasing the customer retention and engagement rate throughout the journey.
Adding Lender Switch to your ComerceHub or Point‑of‑Sale platform creates a seamless way to recover declined finance applications, improving the customer experience and increasing the chances of approval.
In order to add the Lender Switch feature into your solution, complete the form below, and our team will be in touch.
Talk to our team about how Lender Switch can be added to your CommerceHub or Point of Sale platform.
We’ll help you understand how Codeweavers can connect your retail journey, integrate with your existing systems and support your strategy.
Your details are safe with us.
We’ll only contact you about Codeweavers services.
Digital Operations Director
Stoneacre
Group Marketing Manager
Holden Group
Digital Director
The Whole Caboodle
