cent
Advantage Finance, a specialist sub-prime motor finance lender,
has grown its audited profits for the six months to July 2008 to
£1.6m, up 30 per cent compared with the same period in 2007.
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Advantage said: “This result was achieved through a combination
of record sales numbers, improving credit quality and cash
collections.
“This is testament to both the excellent quality of Advantage
staff and also its key business partners.”
Advantage, owned by consumer and motor lender S&U plc,
joined the Finance & Leasing Association as a full member in
March of this year.
See “You can get finance – as long as youo can prove
you don’t need it” for more on Advantage
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