Novuna Business Finance launches industry leading Hire Fleet Funding

Novuna Business Finance has launched Hire Fleet Funding, a streamlined and digital solution for funding vehicle fleets with minimal administrative hassle.

The Hire Fleet Funding offering is designed for automotive dealerships and specialist vehicle providers, allowing them to easily upload stock inventory using a rapid file uploader that can handle over 100+ assets in under thirty seconds. The system provides instant, detailed feedback on any file content issues, simplifying the process for users.

Additionally, the new offering provides faster payments, with automation enabling a one-day payout turnaround time, making the end-to-end process consistently quicker.

This service leverages automation to improve operational efficiency by eliminating time-consuming and mundane administrative tasks, and in doing so, accelerates financial processes.

TCH Leasing confirmed that: “Hire Fleet Funding is game-changing for us in the fleet financing market as it gives us the ability to self-serve.”

Andrew Barnard, Head of Direct SME at Novuna Business Finance, said: “We’re thrilled to introduce Hire Fleet Funding, a game-changer for automotive dealerships and specialist vehicle providers.

“This innovative solution not only significantly reduces administrative burdens, but it also streamlines the funding process, allowing our customers to focus on growing their business. With faster payments and enhanced operational efficiency, we’re confident that Hire Fleet Funding will set a new standard.”