Record six months for Bridford

LUXURY car finance firm Bridford Financial Solutions has recorded record half year figures despite the challenging economic climate.

Bridford arranged £14.5m of funding for car dealers in the first six months of the year leaving it on course to beat its annual record of £25m of finance underwritten.

March was the highlight month for the Ilkley-based firm, with some £3.5 million provided for both franchised and independent car dealerships and high-net worth individuals including 15 of the England World Cup squad multi-millionaires and several Lottery winners.

Tim Marlow, owner of Bridford Financial Solutions, said: “Although the economic climate has generally slowed spending, we are still seeing a high demand for

luxury vehicles and our arrangements with some of the best lenders across Europe means we are able to provide the finance when other lenders can’t and this helps dealers’ sales.

“Due to the high level of borrowing involved in the deals we transact, clients demand a certain level of product sophistication and we are able to offer flexible, tailor made packages to meet their needs that are simply not available from high street lenders.

“The business is continuing to grow and we have recently opened offices in the Midlands and the South West giving us confidence that we will deliver successful results for the full year.”

Bridford boasts contracts with leading national car dealerships including the likes of Ferrari, Aston Martin and Rolls Royce.