Oracle celebrates £2bn funding milestone

Oracle Car Finance has announced it has exceeded £2bn in vehicle funding.

The North Yorkshire-based finance broker provides funding from £25,000 upwards for prestige, sports and classic cars.

It provided funding for over 4,300 prestige cars last year alone. It has doubled its workforce and turnover in the past five years and has targets to do the same again before 2030.

Car finance

Oracle Car Finance managing director and founder, Peter Brook, said: “What began with two individuals meeting each other and combining their skills to find a different way of delivering car finance became the UK’s number one funder for prestige, sports and classic cars.

“It’s hard to imagine this success without the passion and dedication of the whole team at Oracle. £2 billion is just one of the milestones along the way that defines how successful we’ve been, but, more importantly, it represents the significant number of happy customers we have. We now have a loyal client base that wouldn’t even think about getting finance elsewhere. That to me is a much bigger milestone.”