LE Capital, one of the UK’s leading stock funders, has announced it has now funded over £1bn worth of vehicles for its customers – marking a major milestone in the company’s growth and solidifying its standing as a trusted, long-term financial ally for independent and franchised dealerships.
This achievement highlights LE Capital’s ongoing dedication to supporting dealers, particularly in today’s shifting market, where many seek stable, proven funding solutions as other lenders scale back.
‘Reaching £1bnof vehicle funding is more than just a milestone – it’s a reflection of the trust dealers place in us,’ said George Stancliffe, CEO at LE Capital.
‘We are proud to support hundreds of dealerships across the UK, helping them purchase the stock they need to grow.’
Since 2017, LE Capital has established itself as a reliable and reputable provider of stock funding, offering refinancing for up to 240 days, same day funding payouts with a set monthly fee, and a personalised, relationship-driven approach to lending.
The business is backed by established funding lines from Paragon Bank PLC and is a delivery partner of the British Business Bank through its ENABLE Guarantee programme.
‘Our focus has always been on building long-term relationships with our customers,’ added Stancliffe.
‘A large portion of our dealers have been with us for several years and know they can count on us through tough times, with the funding flexibility and service levels they need to thrive.’
This £1bn funding milestone follows a period of sustained growth for LE Capital, which continues to expand its dealership network alongside its partnerships with some of the UK’s biggest auction houses and trade suppliers.
Dealerships interested in LE Capital’s stock funding product can visit the LE Capital website, email [email protected], or call 0116 502 0116 for more information.