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Exclusive: Blue Motor Finance re-launches

Blue Motor Finance has announced that it will be re-launching its brand at the end of the year.

The company withdrew from lending back in 2008 due to the recession and widely-known financial crisis.

Since its withdrawal it has been purchasing books and developing its IT systems. The re-launch comes with the backing of major investors Cabot Square Capital and Citibank.

A spokesman said: “We are so excited for the future and the plans we have with our new investors, we look forward to piloting next month with a view to going fully live in December.”

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