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24 Nov 2021

FCA Bank enters the two-wheeler world: presentation at EICMA

FCA Bank announces the arrival of its financing products and insurance services dedicated to mopeds, scooters and motorbikes at the 78th edition of the International Two Wheelers Exhibition in Milan, the most important international trade fair for the industry and enthusiasts.

FCA Bank enters the two-wheeler world: presentation at EICMA

 

  • FCA Bank announces the arrival of its financing products and insurance services dedicated to mopeds, scooters and motorbikes at the 78th edition of the International Two Wheelers Exhibition in Milan, the most important international trade fair for the industry and enthusiasts.

 

Milan, 24 November 2021

 

Not just financing, insurance and mobility products dedicated to the automotive world: FCA Bank, a 50-50 joint venture between Stellantis and Crédit Agricole Consumer Finance, is entering the world of two-wheelers. The Bank made the announcement today at the 78th edition of EICMA, the most important international exhibition for two-wheelers, at a presentation workshop for dealers and industry representatives.

 

With this move, FCA Bank intends not only to maintain its presence in the Italian market, where it operates with 18 brands and generated revenues of €10.2 billion in the first half of 2021, but also to extend its reach. The goal is to bring also to the fast-growing two-wheeler market the expertise and know-how gained in over 90 years at the service of the automotive sector, offering innovative financing products and insurance services.

 

These products have now been redesigned to meet the different needs of customers, whether private individuals or self-employed professionals, with a wide range of tailor-made financing solutions for both new and used models: from traditional instalment products, with fixed payments over the life of the loan, to products with a final balloon payment, to products featuring an initial period with  small instalments to facilitate the purchase. FCA Bank also offers PCPs (Personal Contract Purchase), an extremely flexible financial structure that enables customers, at the end of the contract, either to replace the vehicle, by paying off or refinancing the balance of the loan, or to return it.

 

In addition, lease financing is available, enabling both professionals and private individuals to use a two-wheeled vehicle without tying up capital for the purchase, as well as to plan running costs with certainty and to benefit from advantageous interest rates and dedicated services.

 

All financing products can be combined with a wide range of high value-added insurance policies and coverage, offered in collaboration with the best providers in the market, to guarantee customers peace of mind and safety from the time of purchase and throughout the life cycle of their contract with FCA Bank.

 

In addition, as a digital bank with a strong omnichannel orientation, FCA Bank integrates financing products with innovative digital solutions and processes. First of all, the Sell-FI platform, FCA Bank's new management system, which, thanks to state-of-the-art technology, enables remote customer identification, online uploading of documentation, optical character recognition system, biometric check and electronic signature. A mirroring function is also integrated into the platform, allowing customers to view the characteristics of the offer in real time on their own device.

 

An E-Commerce platform is also available, fully responsive and soon to be extended to include motorbikes. A system that uses the most advanced technologies, on which it is possible to choose, in just a few clicks, the vehicle, the financing, the instalment, the duration and then send the request for approval. Thanks to biometric recognition and digital signatures, it is possible to receive a financing contract via e-mail in a short time; once the purchase is complete, the chosen motorbike can be collected from the dealer or delivered to the customer's home.

 

FCA Bank

FCA Bank S.p.A. is a bank engaging mainly in car finance, with the aim to meet all mobility requirements, including through the rental services of its Leasys S.p.A. subsidiary. It is an equally-held joint venture between the global automotive company Stellantis and Crédit Agricole, leader in consumer credit. FCA Bank S.p.A. provides financing products to drive the sales of prestigious car brands in Italy and in Europe. The loan, lease, rental and mobility financing programs provided by FCA Bank S.p.A. are specifically designed for dealer networks, private customers and corporate fleets. FCA Bank S.p.A. is operational in 17 European countries and in Morocco, directly or through branches. At 31 December 2020, FCA Bank had a total loan and lease portfolio of approximately €26.2 billion.

For more information:

www.fcabankgroup.com

www.fcabank.it

 

 

Communication Manager

Valentina Lugli – valentina.lugli@stellantis.com

 

Press Officer

Leonardo Umbrella – leonardo.umbrella@stellantis.com

 

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