Car and van dealerships
We've been leading providers of auto stocking finance since 2004. Our portfolio has expanded to include OEMs in the UK and Europe, providing new and demo vehicle wholesale funding worth in excess of around £1.5 billion.
Stocking finance is a Wholesale Finance facility for stock or finished goods. We provide an on-demand credit facility secured against individual units of stock, providing flexibility that reflects the seasonal natures of the industries we serve.
Available for independent dealers as well as manufacturers and their dealer network, we're able to provide funding for a range of asset types. Our customers benefit from a dedicated Relationship Manager who is a specialist in their industry, as well as daily support from our dedicated unit stocking operations team.
We service the top 200 UK car and van dealer groups as well as funding specialist asset stocking across a range of industries, including caravan, motorhome, holiday home, agriculture, recycling & groundscare. As part of our finance package, we'll provide you with a dedicated industry specialist relationship manager and a support team for in-life management.
Established in 2014, the European wholesale division was formed specifically to provide wholesale funding to OEM’s across Europe.
Our mandate extends to the 28 EEA countries and allows the OEM to consolidate wholesale funding across multiple jurisdictions with a uniform solution.
Funding is provided via our online, automated platform and can be supplied in local currencies to provide a natural FX hedge. Facilities are approved at country level leaving the OEM to maintain control and flexibility of individual dealer facilities.