CA Auto Bank and Caterham Cars sign financing agreement

Crédit Agricole Auto Bank has announced a new partnership with Caterham, to offer tailored financing solutions for the British manufacturer’s lightweight sports car, the Caterham Seven.

CA Auto Bank will provide retail customers with a range of tailor-made financing products, including Hire Purchase (HP), Personal Contract Purchase (PCP), and Leasing. Looking ahead, the partnership may also expand to include dealer financing.

Founded in 1973, Caterham is an iconic British brand in the world of lightweight sports cars. The brand is best known for the Caterham Seven, one of the most distinctive sports cars which can be found on both roads and tracks around the world.

The partnership with CA Auto Bank, already active in the UK, has been extended to Italy and key European markets such as Austria, Belgium, France, Germany, Portugal, Spain and Switzerland. This partnership aims to support sales of all Caterham Seven models across the European region.

Trevor Steel, Chief Financial Officer, Caterham Cars, said: “We’re pleased to be able to offer the services of CA Auto Bank to our customers, giving our buyers more flexibility in their purchasing journey. With the support of our European retailer network and the attractive finance offers, have no doubt this will enable more car enthusiasts to enjoy the thrill of owning and driving a Caterham Seven.”

“CA Auto Bank boasts a century-long expertise in automotive financing, and we are excited to bring our know-how to support an icon of pure driving pleasure like the Seven.”