According to recent car finance news, Welcome Car Finance had a good first quarter of 2008, in line with management expectations. Cattles, the parent company, expressed confidence in 2008 full-year results.
Welcome Finance services, which include Welcome Car Finance, found significant demand for products, with volume up 18% on last year results. Welcome are carefully managing customer credit quality.
Welcome Car Finance recently hit the news when they announced that they would offer finance products only in-house, rather than through a network of independent dealerships . Furthermore, the company will now prioritise better credit customers and more expensive vehicles .
The Chief Executive Officer of Cattles, David Postings, reportedly commented: "We look forward to the continued successful development of the businesses and view the Group's prospects for 2008 with confidence."
Welcome car finance successful first quarter
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Welcome car finance successful first quarter
Fri, 09 May 2008
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