Tiberus is a car leasing company that works directly with car dealerships and end customers, providing financing for car purchases through a clear, structured and predictable model.
Its focus is on facilitating the sales process for car dealerships and creating a real alternative for customers who do not want or cannot purchase a car in cash or through a bank loan.
The company already operates with offices in Sofia, Shumen, Varna and Pleven, and is currently preparing the opening of new locations in Plovdiv, Pazardzhik and Darvenitsa district (Sofia). In the medium term, expansion is planned in Blagoevgrad, Gotse Delchev and Kyustendil. The expansion of the office network is directly related to the development of partnership work with car dealerships and to Tiberus' desire to be closer to the real automotive market and end customers.
Tiberus' model of work with car dealerships differs from the mass approach, in which the leasing company is formally involved and only at certain stages of the transaction. Instead, Tiberus builds long-term partnerships, in which it assumes the entire financial and administrative burden of the transaction. For the car dealership, leasing financing becomes a natural part of the sales process, and the company takes care of the client's assessment, financing structuring, contract preparation, insurance, registration and overall coordination until the actual handover of the car.
„For us, partnership with car dealerships is not a one-time deal, but a long-term work. We invest in people, offices and standards that can be applied equally in every region and bring predictable results“, commented Ivalin Ivanov, Office Network Manager at Tiberus.
The practical benefits for car dealerships are directly measurable. Leasing financing allows for the realization of deals with customers who would otherwise have given up on a purchase. The company's data shows that the formal average value of a financed car under leasing contracts is around 12,978 BGN (6,636 EUR), which clearly shows that the model is not limited to expensive or luxury cars. The transaction process is shortened, the administrative burden for the car dealership is reduced, and the presence of a local office facilitates communication and coordination for each sale. As a result, car dealerships can increase the volume of completed deals without taking on additional financial or administrative risk.
The benefits are also felt by end customers. Through Tiberus, they gain access to purchasing a car without the need for a bank loan, under clearly defined conditions and a pre-determined repayment plan. The company assists with registration, insurance and all documentation, which makes the process faster and significantly more predictable - especially for customers outside of large cities.
The opening of new offices has a clear practical goal - improving the service of car dealerships and customers at the local level. Local presence allows for shorter deadlines, easier coordination and higher quality of service. The choice of new cities follows the real automotive market, the concentration of car dealerships and the demand for leasing financing.
In parallel with the expansion of the network, Tiberus also invests in building a management and sales structure to guarantee control and consistency in growth. The company develops teams at both the operational and management levels to maintain a stable working model.
“Working with car dealerships requires trust, clarity and predictability. To have them, you need a stable structure and people who are responsible for the results“, says Stefan Topuzakov, one of the company's founders.
Instead of aggressive and uncontrolled expansion, Tiberus relies on a structured growth model, in which each new partnership and each new location is based on established processes. Thus, car dealerships get a long-term and predictable leasing partner, and customers - a real and working alternative for buying a car.