HTB makes vehicle asset finance hire

Published on

Hampshire Trust Bank (HTB) has appointed Scott Riley as sales manager, specialist cars and vehicle stock finance in the bank’s asset finance division.

Riley (pictured) brings over 20 years’ experience in the car finance sector to the bank, having previously worked as a senior account manager for JBR Capital and Close Brothers Motor and prior to that was general sales manager dealing with Jaguar Land Rover, Mercedes and BMW.

As well as working with the bank’s broker network on specialist car finance, Riley is also tasked with building relationships directly with dealers to promote HTB’s new vehicle stock offering.

HTB provides specialist car finance for intermediaries, covering hire purchase, lease purchase, refinancing and equity release.

Paul Bartley, asset finance managing director at the bank, said: “Hampshire Trust Bank is expanding its existing specialist car funding relationships as well as launching its new vehicle stock proposition.

“The bank already has an excellent reputation in the market for providing innovative vehicle financing solutions. Scott’s appointment will help us further build on this as we look to extend both our broker and dealer relationships and grow our stock funding portfolio.”

Riley added: “From my initial conversations with Paul, I could see that my extensive experience and contacts in the specialist car market would be a good fit with the bank’s plans for further growth in this area.

“Furthermore, I am excited by the challenge of being part of the development team for a new product in vehicle stock finance as well as the appeal of working with some outstanding dealer partners and brokers in this market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

FCA warns consumers over pressure tactics in debt advice market

The Financial Conduct Authority has warned consumers to be alert to firms using pressure...

Latest publication

Other news

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for...

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...