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Press Release from Blue Motor Finance
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BLUE MOTOR FINANCE ANNOUNCED AS FINALIST FOR FINANCE PROVIDER OF THE YEAR
They say good things come in three’s and that certainly seems to be the case for Blue Motor Finance, after being shortlisted in the Finance Provider of the Year category, at the 2022 Motor Trader Industry Awards. This announcement means that Blue Motor Finance is now a finalist at 3 awards events, all due to take place this month, having ...
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Blue continues to add new partners to its Smart Search service.
Blue Motor Finance (Blue), a UK based car finance provider, prides itself on its ability to use innovation and technology to create ease, simplicity and remarkable customer service. In February Blue launched Smart Search, a new and innovative service that allows customers to directly access Blue’s ever-increasing stock of used vehicles, from its trusted dealer network providing a best-in-class service. ...
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Blue adds mezzanine finance from Insight Investment to an existing warehouse facility
warehouse facility Blue Motor Finance (Blue) has added mezzanine subscriptions from funds managed by Insight Investment to an existing warehouse facility with a leading European Bank. This is the first mezzanine facility that Blue has added to its warehouse funding. It further diversifies the range of funding mechanisms and partners that Blue is working with. Blue’s platform and business model ...
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Blue launches its own remote signing capability technology
Blue’s pioneering use of advanced technology helps to make motoring simple for our customers and dealers. With a constant eye on market changes we were well placed to respond to the significant impact caused to the car buying experience by the pandemic. Using the latest data and analytics our dedicated in-house team of developers rolled out advancements to our dealer ...
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Blue Motor Finance benefits from substantial new equity investment from Cabot Square Capital
Last week, Cabot Square Capital substantially increased its equity investment in Blue Motor Finance (Blue). This further round of investment demonstrates Cabot’s continued confidence in Blue’s business model and value potential. It follows the announcement in December of a new £300m financing facility with a leading international bank and provides Blue with sufficient funding to deliver beyond its 2021 plans. ...
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Blue completes extension of corporate facility with Goldman Sachs
Blue Motor Finance (Blue) has completed the extension of its existing corporate facility with Goldman Sachs. Goldman Sachs has partnered with and supported Blue through financing facilities since 2019. This 3 year extension further strengthens Blue’s financial position and supports its growth in originating used car loans from its auto dealer network. Blue is relationship focused for the longer term ...