THE Leasing Broker Federation this week welcomes new funding partner Compass Vehicle Services (CVS) Ltd – an established business specialising in providing non prime funding of cars and vans for those with bad credit ratings.

Headed by founders Graham Harbord and Andy Levy, CVS – based in Marsh Green, Kent, and operating nationwide – will be a networking sponsor at the Leasing Broker Federation Conference in November.

Its message to brokers is “Don’t bin business” – it provides solutions when mainstream funders decline a proposal, underwriting finance themselves with full assessment of affordability and traceability in FCA compliance.

CVS Ltd is the only non-prime funder in the federation. Its message to brokers is: “Turn your declines into business, refer them to us! We look at affordability and traceability and not at credit scores.
“We accept customers with CCJ’s and IVA’s underwriting each application individually – We can turn your declines into cash!”