Koze Group to offer finance packages to installers following Vendigo acquisition

Koze Group Ltd, the newly formed business incorporating boiler pricing and ordering app, hiber, is set to offer heating installers access to a variety of consumer finance packages following its acquisition of home improvement finance provider, Vendigo Finance.

The addition of Vendigo to its family of brands positions Koze Group as one of the leading digital service providers to the home improvements industry.

Koze Group Ltd was formed in January of this year with the aim of fulfilling a growing need for digital solutions which aid trade professionals at multiple stages of the home improvement customer journey.

Its brand portfolio will ensure trade professionals across home improvement sectors including heating, plumbing and renewables are supported with everything from lead generation through to quotation, parts ordering, financing, and back-office support.

Vendigo provides an omni-channel solution for hiber, enabling installers to introduce finance packages to homeowners in their own home, online, over the phone or via email.

The deal, which was completed with the advice of Fox Williams Solicitors and BPE Solicitors, sees Vendigo maintain its own panel of prime and near prime lenders while Koze Group takes on the role of credit broker. This will ensure that the business’ existing and future customers have the widest possible range of financing products, highest possible approval rates, and best achievable pricing.

Ryan Harmer, managing director at Koze Group, said: “The addition of Vendigo to our family of brands allows us to bolster our e-commerce capabilities significantly and move towards our vision of supporting the entire spectrum of trade professionals with high-calibre service and finance packages for their customers.

“The home improvements market has been crying out for greater e-commerce capabilities and wider access to consumer finance options, so we’re excited about the prospect of raising the bar for both of those.”

For more information, and to explore how Vendigo’s consumer finance packages can be offered through the hiber app, visit hiber.com.