A Manchester-headquartered car finance brand has revealed plans to hire more than 125 people to meet the growing needs of the company as it responds to “significant consumer demand”.
CarFinance 247, which is part of the 247 Group, will boost its workforce by 20% this summer at its Manchester base.
The group also includes 247 Money which recently announced a securitisation deal worth up to £305m with backing from NatWest.
Led by entrepreneurial brothers, Reg and Louis Rix, CarFinance 247 is now hiring across its divisions with a focus on building an enhanced sales team to support consumers.
The team will be supported by additional roles in technology and data, developing a new cloud-based CRM.
CarFinance 247 is also continuing to invest in developing new talent, offering apprenticeship opportunities across its finance, HR, and technology functions.
Co-chief executive Reg Rix said: “As our business continues to grow, we’re looking to build our team so we can continue to provide stellar service to all consumers.
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“We’ve worked hard to build our company culture over the years and are looking for people who are positive, passionate, and driven to help us take 247 Group to the next level.
“While strengthening our sales division, we’re also aware that consumers are increasingly looking for a digital car buying journey.
“By hiring some of the brightest minds in the business to increase our technical capabilities and drive this digitisation forward at pace, we’ll soon be able to serve our consumers in ways that would have been unimaginable pre-pandemic.”
Daniel Graham, chief technology officer at the 247 Group, added: “ Founded by two brothers, the 247 Group has never lost that family feel and we’re excited to welcome more people into this rapidly evolving business.
“We are proud to be able to offer 125 new roles to people in the North West, after what has been a challenging year for our region in particular.
“We’re looking to expand both our sales and technology teams, with a broad range of opportunities on offer.
“Successful applicants can look forward to a fast-paced yet supportive working environment, an extensive training programme, competitive commission structure, and scope for progression.”