Motor finance provider 1st Stop Car Finance has moved
to larger offices at the Quadrus Centre, South Tyneside, and begun
to look at staff expansion in anticipation of increased
turnover.
Business at the subprime lender has grown 300%
in the past 30 months since moving to offices in Durham, having
previously been run out of the home of founder David Enright.
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Current turnover is £4m but the company
expects this to grow and will look to double its staff of eight in
the next 12 months, according to director Mike Burn in an interview
with
nebusiness.co.uk.
The firm also aims to add six sales and
underwriting positions in the next 24 months.
richard.brown@vrlfinancialnews.com
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