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Press Release from Blue Motor Finance
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Blue completes the extension of one of its warehouse facilities with a European bank
Blue completes the extension of one of its warehouse facilities with a European bank Blue Motor Finance (Blue) continues to strengthen its financial position and support its growth in originating used car loans from its auto dealer network. Blue has completed an extension to one of its warehouse facilities with a leading European bank. This 18 month extension demonstrates continued ...
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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 ...
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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 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 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 SEES DRAMATIC INCREASE IN ELECTRIC VEHICLE NUMBERS
Blue Motor Finance Limited (Blue), a UK based car finance provider, authorised and regulated by the Financial Conduct Authority, No.737682, prides itself on its ability to use technology to enhance its customer experience. In 2023 roughly only 16% of new cars sold in the UK were electric and while electric vehicles still only make up a small percentage of the ...