Motor finance group sees record business despite downturn in new car sales
Specialist motor finance provider S&U has announced record levels of business despite the downturn in the new car market.
The Solihull-based firm’s motor finance arm, Advantage, completed a record 24,500 transactions in the year to January 31, 2018.
In a trading update covering the period from December 7 to year-end, the company said its performance defied reports of a slowing car market.
Customer numbers at Advantage reached 54,000 against 43,000 a year ago, and new transactions exceeded last year by 22%, which the com... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
