Step 1: Register with a Funding Partner
You can apply through either of Carwow's integrated partners:
Option A: NextGear Capital
How to apply: Fill out the short application form on the NextGear Capital website.
Timeline: Approval is often granted within a few business days.
Option B: LE Capital
Online: Apply via their online application form.
Phone: Call their support team at 0116 502 0116.
Email: Send an inquiry to info@LECapital.co.uk.
Step 2: Complete KYC to activate your Carwow Wallet
Carwow’s payment partner (Airwallex) requires a standard regulatory check.
Log in to your Carwow Dealer Dashboard.
Navigate to the Wallet section.
Follow the prompts to upload your business ID, bank details and other required documentation. This ensures your account is secure and FCA-compliant.
If Wallet section is not available, please reach out to your Account Manager or contact our dedicated Carwow Wallet team directly using one of the methods below:
Email: wallet@carwow.co.uk
Phone: 020 4586 4000 (Select Option 3)
Wallet Support Form: link here
Step 3: Link Your Funding Plan
Once your funding plan is approved and your Wallet is active:
Contact your Carwow Account Manager or our dedicated Wallet team.
Request to link your Stock Funding account to your Carwow Wallet.
Once linked, "Stock Funding" will appear as a payment option during the vehicle checkout process.
Step 4: Using it in the Auction
When you win a vehicle, go to the "Make a Payment" page.
Select your chosen funder as the payment method.
The system will automatically calculate the hammer price, buyer fees, and transport.
Authorise the payment with a One-Time Passcode (OTP) from your authenticator app.