Adaptable ACF Car Finance Reports Strongest Business Conversions In Over 12 Months
It’s not all doom and gloom!
Although several companies within the car finance sector have felt the impact since the withdrawal of Welcome Car Finance from the third party HP market - and despite the growing credit crisis - one company appears to be bucking the trend.
ACF Car Finance Ltd is more efficient than it has ever been. It has seen record business conversions for 9 consecutive months and is looking to continue this healthy trend throughout its branch network. The average approval to sale conversion has increased by roughly 7.5%.
Unlike many of its direct competitors, privately owned ACF Car Finance is not reliant on market shares to fund its business and has been less affected by the freefall of the Stock Exchange. Consequently ACF Car Finance has been able to deliver a rapid response to changes in market conditions and continues to help hundreds of customers every month who have been unable to secure a car or car finance elsewhere.
Norman Beaumont, Sales and Marketing Director for ACF Car Finance, reports; “With high street banks being brought to their knees, it’s no surprise that many car finance companies are struggling.”
“Many used car dealers lost significant funding lines with the loss of Welcome Car Finance. We were able to react swiftly and help fill the gap to ensure our customers receive a fast, efficient service.”
“That’s largely due to ACF Car Finance having access to group funding lines and our ability to adapt more easily than others to the irrational market conditions.”
Beaumont added “It’s our flexibility which is proving crucial to our customers and is reflected in our successful conversion rates.”
Notes to Editors:
ACF Car Finance Ltd is a privately owned UK company who specialise providing quality used cars and car finance.
The company allows customers to conveniently apply for car finance online, via telephone or by visiting a branch directly and continues to develop a programme of investment to create industry-leading standards throughout its UK branch network.
ACF Car Finance operates a network of eight branches across the UK including Leeds, Manchester, East Midlands, Birmingham, Bristol, Dunstable, Maidstone, and Isleworth.
The company are market leaders in their field, stocking a wide selection of quality used vehicles, most of which are between two and four years old, and all of which undergo a 136 point vehicle quality inspection and an independent M.O.T.
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- de Winter PR & Marketing
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