WE’VE EXPANDED OUR MOTOR FINANCE SOLUTIONS FOR THE LEISURE MARKET!

2024-08-08 09:34:30.0

We’re excited to announce that we’ve expanded further into the leisure market with new finance solutions for touring caravans.

After successfully launching into the leisure market in 2021 offering finance for motorhomes and caravans, we are now providing customers with finance options across the wider touring vehicles industry.

The decision to enter the market was in response to increased consumer interest in motorhome-based holidays which became a popular choice for a break after lockdown — an interest which was reflected in a significant spike in sales of motorhomes and campervans across the UK.

This interest in touring vehicles has not declined to pre-COVID levels, with consumers continuing to make purchases across various touring vehicles. In fact, we undertook some research which revealed that there are an estimated 755,000 touring caravans and motorhomes that are regularly in use in the UK — a figure which is set to increase by 18% in the next seven years.

Our new finance solutions have been launched in partnership with a number of existing partners and we will be looking to expand further in the coming months.

Our increased presence in the leisure market represents our commitment to providing responsible and affordable finance solutions that will enable our customers to purchase products that improve their quality of life.

The expansion also forms part of our wider ambition to become a leading provider of finance in the leisure market, providing dealers and brokers with a one-stop shop of finance solutions for their customers.

Andrew Brameld, Chief Commercial Officer at BNP Paribas Personal Finance UK, commented: “BNP Paribas Personal Finance UK has been delivering responsible finance solutions for over 50 years, supporting customers and partners across a number of industries.

“With this expansion of our finance solutions in the leisure market, we’re delighted to be bringing our expertise to a wider area of the market and to be providing our partners with a range of solutions that they can rely on.”

Andrew continued: “Our wealth of experience in personal finance has enabled BNP Paribas Personal Finance UK to develop its reputation as a trusted partner for motor finance solutions.

“This reputation is upheld by our brilliant team of account managers and customer support colleagues who ensure that our services and solutions are delivered seamlessly, making the lives of our customers and partners that much easier.”

Learn more about our motor finance solutions or get in touch with one of BNP Paribas Personal Finance UK’s account managers here: https://www.bnpparibas-pf.co.uk/our-solutions/motor-finance/