Insights

Introducing our new specialist car & transportation team

Business Finance 13/10/2022 2 min read

Since opening our doors in 2009, we’ve worked in partnership with a range of specialist brokers across many sectors, with transportation and specialist car funding becoming a cornerstone of the Aldermore funding proposition. We’ve developed deep expertise in financing HGV’s, trailers, super cars and collectable classics, helping our brokers to support a wide range of customer needs.

Our dedicated specialist car team was formed in 2018. Spanning sales, valuation, risk, and operations functions, we’ve seen this relatively small team go from strength to strength, with funding now totalling over a quarter of a billion of assets a year. Building on this success we’ve grown the team to include transportation to cover a wider range of wheeled assets. Our expert team will continue to support our partners` funding requirements while expanding into new markets.

 

Backing brokers to fund specialist cars

We’re growing our specialist car team. James Roberts, Stephen Barton and Tim Bearder along with analysts, valuers, and a team of specialist underwriters are supporting more customers than ever. We know the value that brokers bring to the highly personalised nature of the niche specialist car market, and we’ll continue to work solely with them in this sector. Despite the challenges of the last two years, the classic and specialist car market has remained buoyant. Demand for emerging classics continues alongside high value collectables and super car funding, and we’re helping a record number of customers acquire their dream vehicle or release equity in their classics to fund further acquisitions and projects.

 

Our transportation broker team continues to provide a personalised service utilising their many years’ experience in the sector. Transportation and logistics continue to be the backbone of UK infrastructure and we’re committed to growing further in this sector. We’ve invested in an additional layer of technical support brought by our analysts, to ensure that we provide the best possible service to our brokers and customers.

We’re also developing new opportunities and products to deepen our transportation offering to include fleet funding facilities. This is an exciting step for Aldermore as this will enable us to support a wider range of customers in the transportation and fleet sector. We’re delighted to welcome newly appointed business development managers James Harrowsmith and David Hughes to the team who have a wealth of experience in this area.

Specialist expertise

Our asset finance appetite remains broad and strong. As we consolidate our expertise in funding wheeled assets into one area, we have exciting plans to develop similar models in other equipment classes. These centres of excellence look to further deepen our relationship with our brokers and customers, as we strive toward our goal to be the UK’s specialist lender of choice.

Find out more about our specialist car & transport offering.

 

T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.