There are no immediate changes to your everyday service with us while the UK remains a member of the EU. As we await the outcome of the UK’s Brexit negotiations there is some uncertainty in terms of the economic outlook and we continue to monitor this situation closely. Our aim is to continue to provide our customers and dealers with the same range of products and services as we do today.

As always, any customers concerned about going into arrears on their loan, or who may be experiencing financial difficulty, should contact us as soon as possible so that we can work together on a solution.

MotoNovo Finance has been in the motor industry for over 40 years, helping over half a million people to fund their next car, van, or motorcycle. We have recently joined forces with the specialist bank, Aldermore, to create further benefit for customers, dealers and communities. Aldermore is a British Bank founded ten years ago and is well-funded, robust and resilient. Aldermore also has the backing of FirstRand – one of the largest financial institutions in South Africa – of which MotoNovo has been a part of since 2006.

SMEs looking for guidance and support may wish to read UK Finance’s no-deal Brexit survival guide. It recommends SMEs assess their financial requirements together with their bank, as well as considering the impact of potential changes to trade arrangements.