Santander Consumer Expands Vehicle Financing for Small Businesses Nationwide

Santander Consumer has announced a significant expansion of its small business vehicle financing program, making it available to all car dealers in its territory.

The move positions Santander as one of the few major lenders offering small business car finance nationwide, providing much-needed solutions for small businesses and entrepreneurs looking to finance cars.

The program is designed to support businesses with fewer than 10 vehicles in their fleet, such as small franchises and start-ups. It aims to fill a gap in the market where vendors had limited financing options for business applications.

Now, small business owners can apply for financing and secure auto financing directly from dealerships, opening up new opportunities for both businesses and dealerships across the country.

The Santander Consumer program is designed to simplify the car financing process, making it more accessible to both retailers and small businesses. This comprehensive offering ensures that dealerships can provide financial solutions to small business customers, helping these businesses manage their transportation needs and continue to grow.