How it works
This is your merchant journey from start to finish.
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Register your company
Once you have gone through these steps you should be good to offer your customers a finance option, subject to their circumstances.
1
Initial application
Begin your application by clicking the button below or on the Kandoo home page.
2
Relationship manager
Your relationship manager will call you to discuss the full application process.
3
Information request
If you wish to proceed we will forward a contract that can be electronically signed and a full application form that can be completed online (takes about 5 minutes). We will also need proof of ID and address.
4
Introducer Appointed Representative
Using the information provided we will apply to the Financial Conduct Authority to add you to our license as an Introducer Appointed Representative.
5
Firm reference number
Within a short period of time, usually no more than 14 to 28 days, you will be issued with a Firm Reference Number by the FCA. This will allow you to use our marketing resources to offer finance options to your customers.
6
Integrate our application journey
Integration with Kandoo is pretty straightforward. You can find everything your webmaster will need our page.
Your customers see the following...
Once you have gone through the steps you should be good to offer your customers finance subject to their circumstances.
1
Customer applies
We will provide you with a link to our application form that contains a tracking ID that we use to track your customer's applications. You can request a report on this at any time.
2
Customer receives offers
On completion your customer will receive an instant response with offers from a number of banks or lenders. It is up to them to select the best deal for themselves.
3
Customer accepts offer
If they choose to proceed the customer completes the application with the lender directly. The lender will usually pay out to the customer within 24-48 hours of the completed application.
4
You invoice for your service
You then treat that customer as you would treat a regular cash customer.
Kandoo just works
Our partners have consistently achieved outstanding results. The numbers speak volumes. Be one of them!