Lenvi Standby Servicing is proud to support Billing Finance as back-up servicer on its new £250 million funding package from Quilam Capital, a facility designed to accelerate technology-enabled growth and strengthen the company’s position in the non-prime vehicle finance market.
Billing Finance is a long-established specialist lender focused on providing hire purchase agreements for used vehicles. The funding package from Quilam Capital will support Billing Finance’s roadmap for a technology-led transformation in underwriting, customer experience and operational scalability.
This deal comes at a time when regulatory expectations and customer outcomes are firmly in focus across the motor finance sector. Against this backdrop, the combination of long-established lending expertise, and fresh leadership through the recent appointment of Simon Bayley as CEO, positions the business well to pursue its growth ambitions.
Lenvi Standby Servicing looks forward to working closely with Billing Finance and Quilam Capital as the growth plan is delivered.
Lenvi’s Standby Servicing team stand out in the market for the professional and systematic approach to back-up servicing, making them the obvious choice to support on this recent deal. Brad and the team are quick to respond, perpetually solution driven, and flexible to our needs throughout the process – giving us and our investors confidence that we’re in good hands.
Simon Bayley, CEO – Billing Finance
Lenvi Standby Servicing impress with their proactive mindset and unwavering focus on putting clients first. They utilise their broad industry experience to anticipate challenges and ensure our interests are safeguarded at every stage – making them a trusted partner that we can rely on.
Jordan Blakesley, Managing Director - Quilam
We’re delighted to have supported Billing on this recent deal. It’s been a pleasure to transact with both Billing and Quilam throughout the process. All parties have been organised and responsive in their approach, providing superb levels of insight and detail at every juncture – making our lives as back-up servicers to the trade simpler and more effective.
Brad Owen, Senior Business Development Manager, Capital Markets - Lenvi
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