Car firm makes top 500 fastest growing
AN online car finance business has been named one of the 500 fastest growing technology companies over three continents.
Macclesfield based Car Loan 4U is one of 66 UK businesses which made the Deloitte Technology Fast 500 EMEA 2014, a list based on revenue growth over the past five years covering Europe, the Middle East and Africa.
Car Loan 4U came in at 432nd on the list.
David Halstead, partner in charge of the Deloitte programme, said that making the ranking showed the company’s ‘commitment to innovation and pushing the industry forward’ and said that an almost 400 per cent growth rate over five years had shown ‘the vision and determination to grow in a highly competitive market’.
James Wilkinson, co-founder and CEO at Car Loan 4U, said: “When we started trading in 2006, our ambition was to revolutionise the car buying market by giving the UK public a fairer deal and taking the stress out of car purchase.”
He added that automating the customer application process in 2012 was a crucial factor in their success and that the company had ‘completely changed the motoring sector’s perception of the car buying process’.
●● James Wilkinson and Ryan Dignan, co-founders of Car Loan 4U