Car firm makes top 500 fastest grow­ing

Macclesfield Express - - BUSINESS -

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

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