Alphera Financial Services surpassed 100,000 motor finance agreements in 2020, marking its best-ever year.
The finance specialist, which is part of the BMW group, issued 104,504 new contracts – a 20.6% year-on-year increase – which totalled £1.8 billion, itself a 24% rise compared to 2019’s £1.45 billion.
The firm, which has operated in the UK for 15 years, has almost tripled its total lending and number of annual cases in the past five years.