Silence, the latest electric powered two-wheel brand to enter the UK market majoring on the 4-11kW (50-125cc equivalent) sector, has selected MotoNovo Finance as consumer credit partner to fund sales of its scooter-style range of four models.
According to Silence UK founding partner Mike Rose, affordability is a central part of his company’s proposition and he was keen to ensure that point-of-sale finance was part and parcel of this.
“More than 90% of new cars rely upon POS funding and the situation for us is no different,” says Rose. “As the first finance provider to introduce a risk-based pricing approach, MotoNovo is our ideal partner. With risk-based pricing, we aim to help most of our customers to access affordable finance tailored to their credit status.”