Formerly the CFO and Chief Operating Officer at Tuskerdirect for 12 years and Group Finance Director at ION Trading Systems for five years, David Brockwell has most recently worked as a senior consultant within the fleet industry.
Award recognises exceptional achievement within the broker field and is the latest in a string of prizes collected by Select Car Leasing. In September, it was named ‘Most Trusted Car Leasing Company’ at the Corporate Excellence Awards and earlier in the year it was named in the Thames Valley 100 Growth Index for the second year running.
Carmaker applies for court protection after failing to meet the latest repayment in loans of around £40bn owed to Bank of America, JP Morgan Chase and BNP Paribas.
Popular with trades people, builders and farmers, pick-ups are also holding more appeal as a lifestyle choice and something different from the regular 4x4 SUV.
Deal will combine Cazoo’s brand, platform and funding with Drover’s expertise and relationships in car subscription and, once integrated, will enable Cazoo to give its customers the option of purchasing, financing or subscribing to the thousands of cars on its platform.
Fintech business expects to see continued growth in digital for the wider automotive market. The digitisation of the car-buying experience has been accelerated by Covid-19. This will play to brokers as a website is much cheaper and more flexible than a physical showroom. This, combined with the increased emphasis on a fast, seamless, digital transaction, will, we predict, move more customers away from dealership retail and into online.
Online consumers are conditioned to expect actions to be completed in something very close to real time and meeting this expectation is going to be a major point of investment for the motor finance sector in 2021.
Family-run firm also has an impressive collection of online reviews and a growing hoard of awards. In recent years it has won nine awards and it is currently in the running for six awards, including Northamptonshire Business Excellence Awards, a Northamptonshire SME Business Award and a National SME Business Award. The winners of the awards will be revealed in the New Year.
In the eleven months from January to end of November, there has been a 65% rise in new vehicle deliveries through the model-VM stand-alone version which is intended for vehicle deliveries which are not integrated with Ebbon-Dacs’ e-procurement platform, Leaselink.
Coronavirus has clearly put a significant dent in the normal Christmas proceedings but there are still considerations for employers. Leasing Broker Federation partner Peopletime has highlighted a few areas that may need to be thought through before the festive season to avoid a bleak mid-winter.
New partnership will allow easy two-way communication between broker and funder, complete with secure implementation, vastly improving the connectivity between broker, funder and customer. This will allow brokers to reduce their administrative burden, allow funders to make better Open Banking decisions and ultimately, provide a market leading experience for customers.
Net zero carbon energy is included in Gridserve Electric Vehicle Solutions' monthly leasing payments, meaning drivers can charge at the company's new Electric Forecourts without paying any additional costs. This removes a key barrier to mass EV adoption, enabling people to accurately compare the cost of leasing a petrol or diesel vehicle, plus fuel, with an electric vehicle with fuel included
Introduction of new restrictions during October to curb the growth in coronavirus cases has led to a softening in demand for consumer car finance. The fall in the used car finance market in October was the first since May of this year.
Rivervale Leasing asked 1,000 Brits how they really feel about EVs and found that UK drivers think they are expensive, limited on charge points and have a poor range - mainly because they don’t think EVs have changed over the past 5 years.
Change to Time Finance supports the strategic objective of becoming a recognised force within the alternative finance market. It unifies a whole group of companies – Onepm Finance, Academy Leasing; Bradgate Business Finance; Intelligent Loans; Positive Cashflow Finance and Gener8 Finance - under one consistent brand and identity.
