Car Loan 4U, a In a release, Car Loan 4U said that the investment will enable the Company to accelerate its growth and build on its position as the
Car Loan 4U provides an online service for consumers looking for car finance, and has overseen its most successful period of growth over the last 12 months, the company said.
Turnover has grown by more than 75 percent to
The investment will be used to build the Car Loan 4U brand and implement and expand the capabilities of Car Loan 4U's advanced technology, creating a superior customer journey.
Car Loan 4U CEO
"It comes at an exciting time in the company's history, and the extensive digital technology experience of SEP makes them the perfect partner for us to develop our strong growth. We have expansion plans across the board and in a short space of time, have evolved from a small business exploiting a gap in the market to emerge as a clear leader in our sector."
He added: "The online opportunity in the car finance industry is huge. This investment will allow us to accelerate innovations in our technology and deliver a vastly improved customer experience, as well as expanding our brand and helping us set a new industry standard for the way consumers shop online for car finance."
"We believe there is a very large market opportunity, with seven million used cars being sold in the
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Car Loan 4U, a
In a release, Car Loan 4U said that the investment will enable the Company to accelerate its growth and build on its position as the