CarMoney joins the Finance & Leasing Association
Car finance broker CarMoney has joined the Finance & Leasing Association (FLA) to support responsible lending.
FLA members provide more than £100bn in new finance each year and play a key role in shaping regulation and setting industry standards.
CarMoney’s decision to join the FLA supports its aim to contribute to the future direction of UK car finance, and comes as CarMoney continues to scale its operations with the aim of helping dealers manage evolving customer expectations and tougher compliance procedures.
Backed by the Peter Vardy Group, CarMoney has outlined ambitious growth plans, aiming to achieve £730m in annual vehicle finance by 2029. It has recently launched new franchise territories and created 50 new jobs at its Motherwell headquarters as the company continues to invest in people and technology to strengthen its market position.
Alastair Grier, CEO of CarMoney, said: “Joining the FLA is an important step for CarMoney as we continue to grow and promote transparency and trust in the motor finance market. The FLA’s guidance and advocacy help ensure that customers are treated fairly and that lending remains clear, transparent, and responsible. We’re keen to work with other members to support progress across the sector.”
