The Opportunity
The First Vehicle Finance Franchise offers suitable candidates the opportunity to start and grow their own business in the growing sector of brokerage and small fleet financing.
Each franchisee will have their own territory in which to operate but because of existing contracts and clients these territories will not be exclusive. However, no franchisee will be allowed to market their services in another franchisee’s territory thus giving a degree of exclusivity. 120 territories within the UK have been identified by a professional mapping company that has used the criteria of having a minimum of 12,000 businesses in each territory.
Virtually all of these businesses will have a requirement for vehicles even if it is only one for personal use by the business-owner. In addition to these business customers ARs will also be able to arrange finance for individuals who are looking to obtain a new vehicle.
The criteria of 12,000 businesses per territory has been based on the size and location of the FVF existing customer base, previous opportunities and feedback from clients.