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Spencer Halil appointed MD at Northridge Finance fleetworld.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fleetworld.co.uk Daily Mail and Mail on Sunday newspapers.
Belfast car finance and loan firm announces appointment of new managing director newsletter.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsletter.co.uk Daily Mail and Mail on Sunday newspapers.
Alphabet aims to strengthen EV expertise with new senior hire businesscar.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesscar.co.uk Daily Mail and Mail on Sunday newspapers.
Alphera Financial Services has appointed Alex Royall as its new UK director after Preston Rogers left to become head of Jaguar Land Rover (JLR) Financial Services at Lloyds Banking Group.
Independent used car dealerships and supermarkets have been best positioned to adapt to the Financial Conduct Authority (FCA) rule banning discretionary commission models that was brought into force last January.
Have dealers and funding providers cleared COVID-hit car buyers' finance hurdles? am-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from am-online.com Daily Mail and Mail on Sunday newspapers.
Click the thumbs up > Alphera Financial Services has recorded its best-ever annual performance in 2020, despite the unprecedented and challenging circumstances. The BMW Group business surpassed 100,000 motor finance agreements during a 12-month period for the first time ever, with its 104,504 new customer contracts representing a 20.6% improvement over 2019. This amounted to £1.8 billion in lending during 2020, a record figure for Alphera and a 24% improvement over the previous year (£1.45 billion). In the last five years, Alphera has nearly tripled its total lending and number of annual cases. Spencer Halil, director at Alphera, said: “2020 was a challenging year for a lot of reasons but the Alphera team and our Partners really pulled together to turn things around and deliver a record-breaking performance.
Click the thumbs up > Motor retailers have just weeks to get their house in order before clearer rules referring to finance commission disclosure come into effect. By January 28, any dealer involved in brokering motor finance must have given “prominence” to the fact that they earn income from finance referrals. Upon knowing this, it is possible a customer might choose to make alternative finance arrangements. After the January date, retailers must include a disclosure statement in financial promotions or offers to customers. One consultant told AM: “The Financial Conduct Authority (FCA) has assured the motor finance industry that this change to the rulebook is minor. Strictly speaking, this is true.
Preston Rogers replaces Spencer Halil as director of Alphera Written by Miles Rogerson In its latest announcement, Alphera Financial Services revealed that Preston Rogers (pictured above) is set to join as the company’s director, replacing Spencer Halil who will join Alphabet as chief commercial officer. With some 15 years of experience working for BMW Financial Services across the globe, Rogers began his career as a business strategy manager in 2006 with the company in South Africa. He continued in the region for another eight years, occupying a variety of senior positions such as general manager of sales and marketing, pricing manager and general manager of BMW brands financing.