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.

Advantage said: “This result was acheived through a combination
of record sales numbers, improving credit quality and cash
collections.

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“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.

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