The continued demand for prestige and supercars has led a North Yorkshire finance company to boost its sales team by more than a third.
Oracle Finance, which is based in Knaresborough and has offices in London and Glasgow, has hired 12 new employees, taking its workforce to 36.
The company is the country’s leading provider of finance to the luxury car market, and each year underwrites some £250 million of funding.
The recruitment drive comes on the back of a record October and a 20 per cent increase in business.
Oracle Finance managing director Peter Brook said:
2013 has been a very significant year for our company, and boosting our sales force by 33 per cent is a direct result of the sheer number of enquiries we are handling combined with repeat business from our existing customers.
The new additions to the Oracle Finance team will ensure we are able to retain our high level of personal customer service and help our clients drive away in their dream car.
Even in the height of the recession the luxury car market was relatively buoyant. Those wanting to own a prestige car were looking at the most cost effective way to purchase, and that’s where our expertise lies.
In addition to loaning our own money, we work closely with 15 different lenders all with their own specialist niche. This enables us to source the best deals for our clients and helps maintain our position as the country’s luxury car funder.
Photograph: The new additions to the Oracle Finance sales team which takes the team to 36.
Oracle Finance, founded in 2006 by Peter Brook and Andy King, is located on Knaresborough’s Whitfield Business Park.
The company, which employs a work force of nearly 30, underwrites some £250 million per annum and has 40,000 clients on its books, ranging from sole traders and captains of industry to Premier League footballers and retirees