CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Alphera sees continued growth in premium captive sector
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Alphera sees continued growth in premium captive sector PDF Print E-mail
Tuesday, 27 September 2016
The premium captive finance sector has grown by 30% year-on-year, according to the latest data from ALPHERA Financial Services UK. As captive finance provider for both Rolls Royce Motor Cars and Aston Martin, Alphera has seen a significant increase in individuals looking to funded solutions for their premium vehicle purchases, with finance in the sector operating at a ratio of one new to every three used vehicles.

With a number of new model launches on the horizon, this growth rate is expected to accelerate even further as order banks open for the new Rolls Royce Dawn and the Aston Martin DB11 models. Bespoke models and finance solutions are now increasingly expected by premium buyers, while a customer-centric approach is delivering significant value.

Alphera head of premium captives, Nick May, said: “We are seeing strong growth in the premium captive finance market area thanks to the launch of new models, high residual values in used models, manufacturer investment in facilities and the expansion of various dealer networks.

“From specification to customisation, customers are looking for manufacturers and dealerships to add extra value to the car buying experience. We have listened to the increasingly customer-centric marketplace and now offer a number of tailored solutions, including bespoke concierge credit line agreements which mean a vast reduction in the time usually taken to confirm vehicle sales funding.”

Alphera’s exclusive concierge-style service provides an extended credit line of up to £1m to allow for a seamless transaction almost instantly once the purchase decision has been made. These pre-agreed credit lines can be used for any make and model of vehicle for the customer, their friends or family.
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197