David Challinor Email and Phone Number

Specialist Motor Finance• Specialist Motor Finance is a non-prime motor finance lender launched in May 2015.• Group lending facility replaced with external funding arrangements in Q4 2018.• Last four consecutive years of increased PBT• Grown loan book to c£135 millionThe Funding Corporation• The Funding Corporation was the largest independent financial services start-up in the UK.• Founders raised £25 million private equity capital and £90 million warehouse lending facility.• Established separate businesses providing prime finance lending products for cars, bikes, leisure, unsecured and secured loans and sub-prime car finance.• Motor lending was broker introduced and dealer introduced.• Awarded contract by International Motors to provide motor finance to all UK Subaru, Daihatsu and Isuzu motor dealers. • Supplier of unsecured personal loans and secured personal loans to a diverse range of affinities including a major credit card provider, a major supermarket and a number of building societies and other smaller groups.• Launched LoanOne and Breeze Loans. Own brand unsecured and secured loan products. • Strategic acquisitions included two small regional finance companies, Benton Finance and County Leasing and Finance and a specialist Block Discounting company. • Acquired Approved Car Finance, a car retailer with 12 dealerships. The Funding Corporation was the primary lender for all cars sold by Approved Car Finance. • Set-up in-house motor brokerage and collections agency.• Collected external debt for a number of clients including a motor loan book for Barclays.• Total lending in excess of £1 billion.