F&I systems provider Frontline Solutions
UK and its backer Capricorn Ventures International (CVI) have both
spoken of “unmistakable” signs of continued growth in the motor
finance market in a recent trading statement.
Given the
continuous rise in the penetration of dealer finance in car
sales, Frontline managing director Andy Shuter explained in the
statement, F&I was “unmistakably a growth industry. We see the
current run of increased finance sales continuing for some
time.”
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Alex Lugt of CVI agreed, saying Frontline had
“proved to be an outstanding investment” for CVI, to which it
remained “100% committed”.
As evidence of its ambition, Frontline is
searching for what Shuter calls a “big hitter” to take on the new
role of national sales manager for the company.
Shuter and Frontline have also underlined
their commitment to the industry by announcing details of its third
annual F&I conference and awards event to be held in Newport
Pagnell, 11 October, and featuring
Daniel Burgess of HPI,
Roger Gewolb,
Richard Hoggart of DSG Financial Services and Motor
Finance’s own Fred Crawley.
“We’re not just seeking business in the
F&I industry,” said Shuter. “We want to support it, and I feel
we show that commitment through giving dealers, brokers, lenders
and suppliers a place to network, exchange expertise and celebrate
excellence.”
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By GlobalDatarichard.brown@vrlfinancialnews.com
