Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry.
Press Release
-
BLUE MOTOR FINANCE AND TRUELAYER ANNOUNCE PARTNERSHIP TO IMPROVE CUSTOMER OUTCOMES
Blue Motor Finance (Blue) and TrueLayer today announced their partnership to enhance Blue customers’ outcomes using TrueLayer’s deep open banking transaction data. TrueLayer is a global open banking platform provider. Businesses use their open banking network to securely access transaction data and enable instant payments. A third of open banking traffic in the UK goes through TrueLayer. Blue uses open ...
-
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 ...
-
Azure Finance No 2 rating upgraded by Moody’s
Following on from last month’s improved credit ratings for Azure Finance No. 1 PLC. Blue is pleased to advise that Moody’s has once again improved its credit ratings for a number of Azure Finance No. 2 plc’s class notes. • Tranches B,C,D and E have all received a rating upgrade from Aa1 to Aaa; A3 to A1; Ba1 to Baa2 ...
-
Blue Motor Finance successfully adds Standard Chartered Bank and Schroders Capital to its funding platform
Blue Motor Finance (Blue), the leading financing company for used cars in the UK, has successfully completed a syndication of part of its existing £300 million forward flow transaction to Standard Chartered Bank (Standard Chartered) and funds managed by Schroders Capital. This is the first transaction Blue has undertaken with Standard Chartered and Schroders Capital managed funds and continues Blue’s ...
-
Blue’s latest partnership with Banked revolutionises customer payments
Blue Motor Finance (Blue) announces its latest partnership with digital payment provider, Banked. Banked provides a new payment method offering customers a fast and secure way to pay directly using their online banking app. It can be simply and seamlessly integrated with existing payment capabilities for companies to improve customer payment experience and cost effectiveness of payments. This is the ...
-
Blue Motor Finance successfully closes new £25 million SME lending warehouse facility with senior funding from Citi
Blue Motor Finance (Blue) has successfully closed a new warehouse facility with senior funding from Citi to support the growth of its SME lending business to its auto dealer network. This is the first SME lending warehouse facility that Blue has added to its funding platform. It further diversifies the range of funding solutions Blue has accessed. This success strengthens ...