Startline Motor Finance
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Market Insight 6 DecAlmost half of car dealers expect 2020 growth despite uncertainty
Almost half of car dealers expect to deliver growth in the coming 12 to 18 months despite the uncertainty surrounding the impending General Election, Brexit and the roll-out of electric vehicles (EV).
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Finance 18 OctMotor retailers ‘more trusted than they think’ on finance, says survey
Large majority of car-buyers have confidence in dealer’s point-of-sale finance products, but online change is coming, finds study
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People News 13 AugStartline Motor Finance appoints head of customer services
Startline Motor Finance has appointed former Santander UK man John Bannerman as its new head of customer services.
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Finance 9 Aug
Hard Brexit to drive flexible car finance demand
Car buyers will demand greater flexibility from their car finance agreements in the event of a hard Brexit, according to Startline Motor Finance.
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Supplier News 19 Jun
Prime lenders tightening car finance rules, says Startline
The motor finance sector’s prime lenders appear to be tightening their lending rules just at a point in time when used car retailers need greater flexibility from their motor finance, says Startline.
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People News 13 JunKelly Ventham appointed head of client relationships at Startline Motor Finance
Kelly Ventham has been named as the Startline Motor Finance’s head of client relationships and acquisition in a role which will see her lead a newly-created client relationships team.
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Supplier News 23 May
New £325m funding line secured by Startline Motor Finance
Glasgow-based near-prime lender Startline Motor Finance has secured a new £325 million credit facility from multinational investment bank J.P.Morgan.
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Supplier News 2 AprStartline Motor Finance starts 2019 with 20% Q1 growth
Startline Motor Finance is celebrating after generating a 20% increase in business volumes during Q1 of 2019 – with PCP penetration in the used sector cited as a key driver.
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Supplier News 26 MarStartline Motor Finance creates 50 new jobs with in-house customer service
Up to 50 new jobs are due to be created by Startline Motor Finance this year as the business transfers its customer services function in-house.
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Latest News 6 MarEffect of HMRC PCP changes will be ‘limited’ with sensible residual values, says Startline
The effect of changes announced by HMRC this week relating to how VAT applies to PCPs will be “limited” as long as sensible residual values are being set by finance companies, says Startline Motor Finance.
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People News 26 FebPeter Cottle steps down from business development role at Startline Motor Finance
Motor finance veteran Peter Cottle has resigned from the role of business development director at Startline Motor Finance.
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Finance 27 Nov
Startline to end 2018 with business volumes up by 20%
Startline Motor Finance has reported that it will end 2018 with business volumes up by around 20% on the previous year.
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Supplier News 19 Nov
WLTP situation ‘will not resolve quickly’, warns Startline Motor Finance
Startline Motor Finance has warned that an uplift in used vehicle prices prompted by WLTP-sparked new car shortages “will not resolve quickly”.
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Car Dealer News 2 Oct
Dealers could see used sales surge in 2019, says Startline
Startline Motor Finance has predicted that dealers may shift their emphasis towards used cars in 2019 as a result of increased economic uncertainty.
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Supplier News 17 SepStartline Motor Finance expands into larger offices
Startline Motor Finance is expanding into larger offices following rapid growth over the last year.
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Finance 23 Aug
Lenders ‘lagging’ on e-agreements impacts dealerships, says Startline
Lenders have been called out by Startline Motor Finance for lagging behind on adopting e-agreement capability and impacting dealership finance performance.
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People News 23 MayStartline welcomes Kevin Mooney as head of business intelligence
Startline Motor Finance has welcomed Kevin Mooney as its new head of business intelligence to provide “expert data analysis”.
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Supplier News 15 May
Startline Motor Finance finds finance niche with ‘holistic’ PCP product
Startline Motor Finance has seen franchised car dealerships achieve 50% penetration with a new “flexible prime” PCP product launched only last month.
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Finance 14 DecDealers rethinking lending panels as ‘prime’ finance customers dwindle
Car dealers have started rethinking their lending panels as economic pressures start to spark a reduction in the number of customers meeting “prime lender criteria”.
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Finance 7 Dec
Startline Motor Finance secures £250m credit facility from J.P. Morgan
Startline Motor Finance is preparing to push into the franchised car dealer network after securing a new £250 million credit facility from major financial institution J.P. Morgan.
