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Alphera launches enhanced commercial finance package PDF Print E-mail
Thursday, 24 September 2015

The award-winning independent finance provider, ALPHERA Financial Services, will be supplying additional wholesale funding for independent retailers looking to grow their new, used and demonstrator stock profiles in 2015/16.

The organisation, which already delivers commercial financing solutions for dealerships nationwide, is encouraging retailers to capitalise on the continued strong growth within the new and used car sectors by investing in their operations.
Kate Berry, business development manager, comments: “This is an ideal time for vehicle retailers to expand. The Finance and Leasing Association recently reported a record level of 78.7% penetration in the new car sector. Alongside this, we’ve seen a continued increased in both the volume and value of new and used car dealer-sourced finance.

“We’re looking to support dealers in the next stage of their development and recognise that access to commercial finance is fundamental to the success of the majority of dealers. That’s why we make a promise to deliver the most competitive products and bespoke solutions we possibly can to our partners.”
The additional funding solutions will support dealers with competitive commercial mortgages and loans. Through these, dealers will be able to furnish their forecourts with the most appropriate stock and secure funding to invest in their premises.
One business already benefitting from the offering is Vanrooyen Elite Prestige Supercars in Warrington; home to prestige marques, including Aston Martin, Bentley, BMW, Ferrari, Lamborghini, Maserati, McLaren and Porsche.
Managing director of Vanrooyen Elite Prestige Supercars, Martin Rylands, explains: “By working in partnership with Alphera, we have been able to move our business on further than we could ever have hoped. Our improved stock profile and site has meant our turnover has doubled in the last year alone.”
Kate Berry concludes: “Our dedicated account managers and specialist funding solutions show ALPHERA Financial Services is focused on providing a sustainable funding platform for business progression.
“The next 12 months are an incredibly exciting time for us as we put into action the investment in people and product solutions that we believe will enable us to continue to grow and deliver outstanding results for our dealer customers throughout the UK.”

(Source - Alphera Press Release)


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