Vehicle Care Group previously known as Asset Lending.
Asset Lending was founded in 2016 by an entrepreneurial group with a strong background in funding and finance. The business has experienced unprecedented success in filling a gap in the independent used car market and so in 2019 external funding was secured to support the next phase of growth. We have since seen an incredible uptake in the market, driven by a real need for the product. In 2020, the group launched its additional products and services and Asset Lending changed its name to Vehicle Invest as the dealer funding division of the Vehicle Care Group.
The Vehicle Care Group has acquired Motocare a trusted name in the SA Motor industry with a 15 year operational history, this enabled us to offer warranties to dealerships nationwide.
Vehicle Protect now offers a complete range of Mechanical Warranties, Scratch and Dent and Service Plans, including the trusted MotorCare products, as well as the new and exciting Power Range. This acquisition of Motocare and our partnership with McCarthy Trimmers, allows us to add well-trusted and comprehensive warranties, service plans and an unparalleled Cosmetic Maintenance offering to our clients.
“I took up their offer and today, a year later, I can say that we have grown our business with the help and assistance of Asset Lending by approximately 25%. With the funding from them I could purchase those vehicles that I had to say no to because of cash flow restrictions. Their systems are effortless and effective, and they are real people’s people with an open-minded approach to how to help you grow your and their business.”
“We started using Asset Lending in 2017 to assist us to increase the number of retail vehicles that we had available. This decision turned our growth curve on its head, and we grew at a phenomenal pace with the extra sales generated because of the extra stock (you can’t sell what you don’t have).
“Today…. Getting close on 2 years of dealing with Asset Lending, I have my own floor (not sharing a floor like in 2017) constantly filled with 25-35 vehicles and I can undoubtedly say that the hand of Asset Lending assisted me in achieving this.”
We have highly skilled business consultants countrywide who are available to meet with you to show you how we can partner in growth.
Are you ready to take your dealership to the next level?
VCG Protect (Pty) Ltd, Registration No. 2004/032951/07 (FSP License No. 19699) is an authorised Financial Service Provider and part of the Vehicle Care Group. Underwritten by New National Assurance Company Ltd, a licenced insurer FSP 2603.
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