Turners Auctions Reappoints MTF

Turners Auctions Reappoints MTF

Turners Auctions has reappointed Motor Trade Finances (MTF) as its consumer finance provider.

After a three-month review of funding and systems providers for Turners Finance, Turners Auctions is pleased to announce the reappointment of incumbent MTF.

“After a thorough review, we chose MTF because of its superior technology platform and financial strength. We look forward to building on this strong relationship for the future,” says Todd Hunter, Chief Operating Officer, Turners Auctions.

MTF has been the funding and systems provider to Turners Finance since 2004. Turners Finance continues to grow strongly, with assets in excess of $16.0 million, and monthly new business representing approximately 6% of total MTF lending.

Commenting on the reappointment Angus Bradshaw, Managing Director, MTF said:

“We are delighted, as this reappointment marks the continuation of a long term relationship between our two organisations. We are pleased to support Turners Finance, in providing fast and affordable finance solutions to customers.”

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