Asset Finance Blog | February 2018 – New registrations

With the new 18 registration plate being released next month, brokers and asset finance lenders alike are gearing up for one of the busiest times of year.

Not only are customers keen to snap up a shiny new vehicle, with plenty of deals being made available on the cars and vans already in stock, activity is already revving up.

While the latest figures from the Society of Motor Manufacturers (SMMT) reveal a dip in new car and van registrations in January, we are confident that we will continue to see a strong pipeline of proposals coming through in March.

As the SMMT states, despite the current economic and political uncertainty, the UK van market remains strong and we believe that brokers play an important role in driving this growth. Indeed, according to the latest figures from the Finance and Leasing Association, the asset finance sector is on course to report a record level of new business in 2017 and from our perspective 2018 is shaping up to be another significant year of growth.

To support this growth and ensure our broker partners can make the most of the opportunities available to them, we have worked to improve our service by launching a new web portal and app, a new suite of documentation and appointing regional Business Development Managers across the country.

We understand that time is money and that brokers need to be able to provide their customers with swift decisions. We are ready for the busy period ahead and are looking forward to supporting our broker partners now and in the future.

Read more about our Asset Finance division.

Jon Maycock
Managing Director of Asset Finance

HTB would like to reassure customers that we are operating normal business hours, 9am to 5pm Monday to Friday with no interruptions to our service. Click here for more information about our response to COVID-19. Please get in touch here, or via your usual method should you have any concerns.