Vehicle Finance and Lending
Reduce risk, verify assets, and offer RUC inside your lending experience
Lending
Finance providers rely on accuracy. Every approval, every repo, every renewal hinges on knowing the truth about the asset and the behaviour of the customer. RUC on Rails gives lenders a verified data layer for underwriting and a clean way to integrate RUC purchasing into their own platforms. If you choose to sell RUC, you keep the margin. If you do not, you still reduce the risk profile of your portfolio.
Underwrite with verified vehicle data, not customer claims
Applicants submit inconsistent information. Dealers mis-state condition. Private sellers hide issues. With the Vehicle Intelligence API, lenders can instantly access verified NZ records on every relevant attribute of the asset.
You can:
This gives your credit team the cleanest possible picture before committing capital.
Maintain portfolio quality throughout the loan
Vehicle condition changes over time. Compliance lapses signal risk. Borrowers fall behind on RUC or WOF and the asset becomes harder to manage. With unified data, your systems can track these signals before they escalate.
Lenders can:
This helps maintain asset quality at scale with no specialised staff.
Integrate RUC into the lending lifecycle
Add RUC to your account for seamless compliance.
Borrowers expect lenders to provide a turnkey experience. When a customer receives a vehicle, the last thing they want is another compliance task. Lenders can offer RUC purchasing at any stage: approval, settlement, delivery, or ongoing account management.
You can:
If you choose to sell RUC, you set your own pricing and keep the margin. It becomes a clean, recurring revenue line that fits naturally into your customer lifecycle.
Detect tampering and distance irregularities
Mileage dishonesty is a real problem in lending. RUC on Rails combines verified RUC events and official odometer-adjacent signals to help lenders identify suspicious activity.
You can:
This creates a stronger, more defensible underwriting and monitoring process.
A finance workflow supported by verified intelligence
Approvals move faster
Risk calculations become more accurate
RUC becomes a turnkey service your platform can offer if you want it
And your entire asset portfolio stays aligned with official vehicle data
It is lending with fewer unknowns and a cleaner path to ongoing revenue.