START YOUR JOURNEY FRANCHISE WITH Q-FINANCE
Q-Finance is a part of Quorum Fleet Solutions Ltd
INDEX 03 Why Franchise with Us? 06 Our Business is Your Business 08 Our Partners 09 Our Finances 10 Our Business Model 11 Appendix
02 Q-Finance
WHY FRANCHISE WITH US? Q-Finance offer exceptional value in every aspect of your agreement. The established business investment, expertise and partnerships enable you to build on a solid and proven foundation. OUR INVESTMENTS INCLUDE:
TECHNOLOGY
RELATIONSHIPS
We have partnered with world class technology platforms to allow your customers an intuitive and seamless experience.
We have established sound relationships with a range of lenders covering the entire marketplace from prime to sub-prime specialists.
We help reduce your administrative burden by having integrated technology platforms with our partners. Despite our historic investment we continually evolve with new developments to assist each franchisee be ahead of the game.
These relationships are maintained centrally with mutually agreed principles of compliance, commerciality and efficiency expectations from all parties. We fully believe in a highly personalised service with each partner and customer which enables repeat business, increased reputation and sustainable growth.
Q-Finance 03
EXPERTISE
MARKETING
ADMINISTRATION
Our central team have a combined expertise in motor finance of over a century. This experience is mobilised each day to support our franchisees.
We have established channels of marketing that will assist you in obtaining quick wins and the opportunity to develop your business further.
One of the biggest frustrations of any business is the time spent on administrative activities. Our central team eliminate a large portion of this for you through efficient automated processes.
Not only does this expertise exist in motor finance but in business development, marketing and other areas that can help your business grow. This expertise exists to both share and support you in your success. Formal training, personal coaching and other areas of support are always available.
04 Q-Finance
This enables you to concentrate on other core business activities, allowing specialists to continually feed business opportunities We use innovative, targeted and proven methods that can be personalised for your franchise and tailored for your area.
Our central team have a wealth of knowledge and impart this through formal and informal training. Ad-hoc queries and questions are seamlessly addressed quickly and efficiently through email or phone.
EXPERTISE _ MARKETING
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We use innovative, targeted and proven methods that can be personalised for your franchise and tailored for your area.
Q-Finance 05
OUR BUSINESS IS YOUR BUSINESS
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Our momentum and commitment to succeed with you is part of our long term plans.
06 Q-Finance
OUR HISTORY
NOW
FUTURE
Q-Finance is owned by Quorum Fleet Solutions, established in 2013. Whilst always operating as a broker since inception the focus was predominantly on vehicle acquisition, fleet management and disposal. Our broker offering evolved organically and during 2019 this part of the business emerged as a key component of our activities and revenue.
We are in a position to offer prestige, prime, near prime and sub prime finance to customers. Whilst our panel of lenders is established it is always being refined to better our current rates and commissions and to balance our overall portfolio.
We have robust short, medium and long term plans in both business infrastructure and business development. Our key areas is to grow our dealer partner base. Due to historic investment the business is on a solid footing with a core team who are committed, ambitious and are clear on what is required.
From 2019 we strategically grew and refined our panel of lenders to cater for market demands on both vehicles and customer profiles. This has enabled a solid acceptance rate with our key lending partners and a strong relationship with our panel of lenders. We also increased our software presence with more integrated solutions for seamless sharing of data and dealer interaction.
We partner with a range of dealers from operating as first string with independent dealerships and second / third string with main and franchise dealers. Our target market is predominantly with independent dealers who are FCA authorised.
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A business never stands still. We believe that any business cannot plateau but is either decreasing or increasing. Our momentum and commitment to succeed with you is part of our long term plans.
Whilst our panel of lenders is established it is always being refined to better our current rates and commissions and to balance our overall portfolio. Q-Finance 07
OUR PARTNERS We work with a carefully selected network of partners to provide the very best solutions for our clients:
08 Q-Finance
OUR FINANCES Here at Q finance we want our franchisees to earn money in a timely and transparent manner. Therefore, our commission packages are not only industry leading but easy to understand and calculate.
Below are two examples based on our franchisees earning our standard commission of 1% of their total monthly advances. These advances are classed as ‘completed cases’, which are classed as - finance deals that have been completed and are live at the end of that calendar month.
Your commission structure is based on your advances (both yours and your dealer partners) which means you are in control of your earnings.
Please note a commission clawback is applicable – terms depending on funder used and timescale of the agreement being settled or defaulted. All commission clawback detail can be found in our franchise agreement.
EARNING EXAMPLE 1
EARNING EXAMPLE 2
MONTH
ADVANCES
COMMISSION
YEARLY EARNINGS
MONTH
ADVANCES
COMMISSION
YEARLY EARNINGS
1
£100,000
£1,000
£12,000
1
£150,000
£1,500
£18,000
2
£200,000
£2,000
£24,000
2
£250,000
£2,500
£30,000
3
£300,000
£3,000
£36,000
3
£300,000
£3,000
£36,000
4
£400,000
£4,000
£48,000
4
£350,000
£3,500
£42,000
5
£500,000
£5,000
£60,000
5
£400,000
£4,000
£48,000
6
£600,000
£6,000
£72,000
6
£450,000
£4,500
£54,000
7
£700,000
£7,000
£84,000
7
£500,000
£5,000
£60,000
8
£800,000
£8,000
£96,000
8
£550,000
£5,500
£66,000
9
£900,000
£9,000
£108,000
9
£600,000
£6,000
£72,000
10
£1,00,000
£10,000
£120,000
10
£650,000
£6,500
£78,000
11
£1,100,000
£11,000
£132,000
11
£700,000
£7,000
£84,000
12
£1,200,000
£12,000
£144,000
12
£750,000
£7,500
£90,000 Q-Finance 09
OUR BUSINESS MODEL
10 Q-Finance
APPENDIX
Q-Finance 11
Q-Finance is a part of Quorum Fleet Solutions Ltd
