As full members of the FLA, Northridge Finance subscribe to its lending code and support the mandate around the SAF Approved program
From January 2023 the code brought into effect the requirement for all Franchised Dealerships and Brokers to be SAF Approved, from 1st January 2025 this will also be the requirement for all independent dealers.
Click here for more information on the FLA requirements
Dealerships passing the January deadline without SAF approved status (or equivalent) in place will not be able to transact with any FLA member.
What is SAF Approved?
 | SAF Approved is a status granted by the FLA to dealerships or brokerages where every customer-facing staff member has successfully passed the annual SAF Expert assessment (or recognised SAF Equivalent training program) This status signifies that all relevant staff have the necessary knowledge and skills in motor finance products and regulations. SAF Approved status is valid for one year and can be applied for by completion of the SAF statement of compliance (either by the company’s master SAF administrator, or by the SAF Equivalent provider). | |
| How much does SAF cost? | ||
 | SAF EXPERT IS FREE! SAF is funded by the FLA lender members, therefore there are no costs to anyone who wants to register their company to take the FLA’s SAF Expert test | |
To assist with questions around the directive, the FLA have issued the following guides:
SAF Approved requirement – detailing what SAF is and expectation from dealers and finance providers