Black Horse has extended its agreement to provide finance for Suzuki GB vehicles by three years, as well as extending the partnership to cover the company’s motorcycle business.
Black Horse will be trading under the name of "Suzuki Finance", providing a range of finance products, including both personal finance to customers and wholesale funding facilities to finance new car stock.
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The partnership between the two companies dates back to 1995, with the renewal set to take place in July this year.
Chris Sutton, managing director of Black Horse, said the extension of the agreement to include Suzuki’s motorcycle business demonstrates the strength of the relationship between the companies to date: "Black Horse’s own strategy for growth fits very well with Suzuki’s ambition in the UK and this agreement is good news for both companies.
"We look forward to utilising our expertise, technology and premium grade service to help Suzuki continue its impressive growth story," he added.
Having experienced 33% growth in 2013, Suzuki has termed the collaboration with Black Horse ‘vital’ to its continued expansion.
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By GlobalDataYoshinobu Abe, managing director of Suzuki, said of Black Horse: "They understand our business and our appetite to grow in the UK.
"I am confident that this new arrangement, which will bring motorcar and motorbike finance under one roof, will provide our customers with excellent and flexible finance offerings that enable them to buy the car or bike of their dreams," he added.
