Following a year of growth Car Loan 4U has become the most visited car finance broker online in 2013, according to figures from Experian Hitwise.

The Macclesfield-based broker, specialising in online applications and direct-to-consumer loans, has been top of the weekly table compiled by Experian Hitwise, supplier of information on UK internet usage, for the week ending 9 February with a 44.50% share of online visits to motor finance intermediaries.

According to the list, the top five remained unchanged for the four weeks ending 9 February, with www.carfinance247.co.uk in second place, Creditplus.co.uk third, followed by Finance A Car and then www.infinitycarfinance.co.uk.

Car Loan 4U has also reported its car loan completions have risen by 110% in the past 12 months and the company is predicting 120% year-on-year growth for the current financial year. According to the company, most loans were completed for purchases of Audi, Ford, Mini, Vauxhall and Volkswagen models.

James Wilkinson, co-director of Car Loan 4U with Ryan Dignan, attributed the company’s success to its web specialism: "The transition from online car shopping to offline purchasing is not as smooth as it could be, and Car Loan 4U provides an unmet need for consumers.

"The last 12 months have been our most successful yet, which has led to record web visitors, car loan completions and establishing a partnership with Auto Trader. We have doubled both in terms of revenue and team members over the last year."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

richard.brown@timetric.com