Blue Motor Finance Review | www.bluemotorfinance.co.uk
Address: 3rd Floor, Becket House, Sevenoaks, TN14 5EL.
Branding: Blue Motor Finance. AKA: BlueMotor, BMF.
FCA Licence: 346173.
From: Cabot Square Capital Llp.
Related: No companies.
Available: Monday to Sunday. Times not disclosed.
Bad Credit Considered: Yes.
Manage: No Blue Motor Finance login at www.bluemotorfinance.co.uk.
No current estimate.
Notes: This lender doesn’t share much service information and so we’ll just discuss what we do know below. You can’t apply through the featured site and so would have to head through connected brokers or dealers. Their offices are open 7 days a week, but no times are shared.
Blue Motor was originally active as a lender between 2005 and 2008. When the financial crisis hit the market they took the decision to pull out from lending. Their fresh approach was to acquire portfolios within the space. After several years out, we would see a relaunch come in 2014. Cabot Square Capital took control and a supporting investment from Citigroup helped to give this venture new hope. They had arrived to attract prime scored customers, but there is a news submission on their website that states that they have now adapted to cater subprime audiences. There is a headlined 2500 business partners, although this may or may not refer to their past network relationships.
To date they have lent over £100 million and it was clear from studying their search engine data that their popularity has been showing traction over the past year. There are a few partner badges shown that is a mixture of brokers and dealers. Some key brokers were Auto Union, Evolution Funding and Zuto. Such dealership badges were shown for Benfield (Lookers), Bristol Street Motors, Harwoods, Listers, Stoneacre and Sytner. From those listed, Sytner and Zuto will surely be their key partners. At this time no info is presented surrounding the available plans, the prices, terms and so on. We’ll contact them soon and should hopefully come back to fill in the gaps.