Plenti announces partnership with Cadillac

Sydney, 17 October 2024. Plenti is pleased to announce a strategic partnership with General Motors Australia and New Zealand Pty, providing tailored financing solutions for Cadillac's electric vehicle (EV) range. Launching in October 2024, this collaboration will streamline access to competitive, fast, and fully digital EV financing for Australians.

This partnership exemplifies Plenti's leadership in the automotive finance sector and its commitment to supporting the Original Equipment Manufacturer (OEM) market. By integrating Plenti's cutting-edge technology with Cadillac's online purchasing journey, the collaboration will deliver fast, competitive, and easily accessible financing solutions, providing consumers with an elevated car-buying experience.

Plenti's flexible EV finance solutions and competitive rates make EV ownership more accessible. With a strong track record in financing EVs and renewable assets, including solar, battery, and energy-efficient technologies, Plenti is well-positioned to support the nation's growing demand for sustainable solutions.

"We're thrilled that GM was attracted to Plenti's ability to seamlessly integrate our technology into the Cadillac purchase journey, offering consumers a simple and efficient financing application experience", said Joel Pothin, Head of Automotive Finance at Plenti. "Cadillac is one of the most iconic brands in the automotive world and we're proud they have chosen us as their finance partner; we're impressed with their drive for innovation and their application of technology and have found great alignment amongst both companies".

"We're excited to partner with Plenti to enhance the customer experience for our buyers," said Jess Bala, Managing Director, Cadillac. "Plenti's platform provides a seamless financing journey, with rapid approval times that align perfectly with our commitment to delivering exceptional service. At Cadillac we're looking at offering a fully electric portfolio by 2030 and we're looking forward to continuing our successful partnership in the future."

Plenti loans can be accessed through the Cadillac Australian website (please see website for terms and conditions).

About Plenti Group 

Plenti Group offers award-winning automotive, renewable energy, and personal loans, powered by proprietary technology designed to help creditworthy borrowers bring their big ideas to life. Since its establishment in 2014, Plenti has consistently grown loan originations through a diversified range of products, distribution channels, and funding sources. The company's success is underpinned by exceptional credit performance and a commitment to continuous innovation.

About General Motors Australia and New Zealand

General Motors is represented in Australia and New Zealand by GM ANZ, an entity which features business units including GM Specialty Vehicles, Cadillac, Chevrolet Racing, ACDelco, GM Trade Parts, Holden Certified Service and Holden Heritage. The establishment of these brands has created a foundation to provide a future direction for development of the GM business in this market.