When your trade-sourced vehicles are marked live on your Stocking Plan, funding is released the same day.
When your trade-sourced vehicles are marked live on your Stocking Plan, funding is released the same day.
Faster really does mean smarter – giving you the speed, control and simplicity you need to keep your forecourt moving. What you can expect:
With Faster Payments, funds are released as soon as a trade vehicle goes ‘live’, so you’re never left waiting. And when multiple vehicles are loaded within 15 minutes, you’ll receive one combined payment – making reconciliation quicker and easier in SFP‑W.
To continue using Faster Payments, an annual fee will be added to your account renewal. The amount depends on your facility size (see table) and will be clearly outlined in your renewal documents.
Simply load a trade vehicle onto your Stocking Plan. Once its status is marked as ‘live’, payment will be sent the same day, no additional steps required.
If multiple vehicles are made live within a 15-minute window, you’ll receive one combined payment. You can view a breakdown of individual transactions in SFP-W. For guidance on how to do this read ourt, payment history guide.
No activation is needed. We’ll notify you by email when Faster Payments are live on your account.