LKQ-Snap Finance unveil flexible finance deal for technicians

LKQ Euro Car Parts has unveiled a scheme for technicians to spread the cost of essential tools, parts and training.
Under a new partnership with Snap Finance, LKQ’s TechClub members can benefit from tailored finance options — with their approved budget conveniently loaded onto a virtual Visa credit card.
Through a Snap Wallet app, TechClub members can then manage their spend easily and repay monthly with flexible terms.
LKQ said this will make it easier for individuals to build up their equipment and keep pace with new vehicle technology, while easing cashflow pressures.
TechClub, launched earlier this year, already integrates with PayPal and a recent LKQ survey found that rising costs are the primary concern for technicians that could hamper competitiveness over the next five years.
Development
Members of TechClub also benefit from exclusive offers including extended warranties, free tools and bundle deals.
Matt Robinson, B2B director at LKQ Euro Car Parts, said: “We created TechClub to make access to tools, parts and services simple for individual technicians — supporting their development while helping the garages they work for.
“Flexibility is central to the platform, and with the EV transition placing new demands on garages to stock an even wider range of parts and equipment, cost pressures are growing.”
Using Snap Finance as a payment option means technicians can continue to deliver great service, particularly when turnover or cash availability fluctuates, and smaller garages won’t be held back by short-term financial pressures, Robinson said.

