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Hitachi Capital Consumer Finance celebrates £53 million record month

Friday, 17 July 2009

The team at Leeds based Hitachi Capital Consumer Finance, one of the UK's leading finance providers of point of sale credit facilities, are celebrating following the news that this month has been the company’s most successful in its 27 year history.

 

Despite the current economic downturn, Hitachi Capital Consumer Finance has this month released a staggering £53million in point of sale finance to the UK’s retailers in order to assist consumer’s purchasing options.

 

The company has remained focussed on delivering a service dedicated to helping retailers meet the needs of their customers, amid reports that consumer spending is falling at the fastest rate since 1980*.

 

The announcement comes as Hitachi Capital recently appointed Richard Thompson and Jon Graham both with extensive retail backgrounds, to join the team and manage the company’s growing portfolio of retailers.

 

Speaking about the company’s milestone, Gerald Grimes, Divisional Managing Director said: “The £53 million achievement is fantastic, the consumer finance market is constantly changing and we are keen to stay at the forefront of its development with our innovative finance solutions.

 

“I am confident that with the combination of our detailed retail database and years of experience we are exceptionally well placed to support our retailer’s finance and marketing needs throughout the challenging conditions predicted for 2009.”

 

With over 27 years’ financing expertise to guide its customers every step of the way, Hitachi Capital now has links with over 1,200 retailers across the UK and places great emphasis on the proactive and profitable support to help retailers increase sales in these difficult times.


For more information contact:

Daniel Hobson
Hitachi Capital (UK) PLC
t: 0113 380 1030
m: 07917 264079
e: daniel.hobson@hitachicapital.co.uk
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