Ireland's Publication for the refinishing & associated Industries

Renault Finance lends €33 million

Renault Finance has to date lent over €33 million to both individual and business customers since its launch here last September.

The arrival of Renault Finance in Ireland almost a year ago in a very difficult economic environment, made motor finance accessible to all, and there is an 80 per cent approval rate on loans for passenger and commercial vehicles.

Further good news is that Renault Finance is offering 0 per cent finance across the Megane and Fluence models until the end of this month.

Alessandro Garzia of Renault Finance commented:  “We are a bank and we are lending to Irish customers. We understand the difficulty consumers are facing in obtaining credit and we bring a real solution for Renault customers, both business and retail.   Eight out of 10 people are being approved for loans on new vehicles. We provide finance packages to suit the needs of our customers along with fantastic offers such as our current 0 per cent APR offer.”

Renault Finance is a trading name of RCI Banque Branch Ireland, a wholly owned subsidiary of the Renault Group and is based in Renault Ireland’s HQ in Dundrum, Dublin. It currently operates in 40 countries across the globe. Renault Finance employs 15 people since it launched here last year.

RCI Banque Branch Ireland is authorised and regulated by the French banking authority and supervised by the Central Bank for conduct of business purposes.