The Finance & Leasing Association (FLA) has relaunched its Specialist Automotive Finance (SAF) programme. The new scheme is in partnership with The London Institute of Banking & Finance and offers an improved range of training options for dealership staff to boost professionalism, skills and knowledge in the sector.
From today, those who successfully pass their yearly SAF online test – now called SAF Expert – will accrue study credits towards the more demanding Level 3 SAF Advanced qualification which is accredited by the Institute. SAF Expert will continue to be funded by FLA lenders, and provided free to users, as will SAF Essentials – a new set of basic modules that offer the perfect induction to motor finance by providing a broad overview of the industry and its products.
SAF Advanced, which at Level 3 puts the motor finance industry’s training on an equal footing with the professional courses required in other markets, is now also available on a new app-based learning platform, SAF Advanced Academy.
Commenting on the launch, Adrian Dally, Head of Motor Finance at the FLA, said: “Motor finance is the third largest market in the consumer credit sector, so the current level of scrutiny from regulators and the media should be considered the new normal. Staff training is therefore more important than ever, and the new suite of SAF courses provides a training option for everyone, regardless of their level of experience. Now is the time to make sure that all customer-facing staff have the skills they need to help your business thrive.”
Commenting on the press release, Simon Young Managing Director of FISC Ltd said: “I was involved in SAF at its outset and have tracked its progress with great interest over the last 12 years. The new options available are a tremendous resource for the motor industry to call upon and I will certainly recommend full participation by all our TRACS Appointed Representative Network members.”
For the full press release and more details on the SAF training options please click here.
For details on the TRACS AR Network and how to become a member please click here.