Auto Finance News V12 Vehicle Finance partners with City Auction Group Published: 9th July 2020 Share V12 Vehicle Finance, a division of Secure Trust Bank, is partnering with City Auction Group to provide wholesale stock funding to buyers. The finance company’s solutions can fully fund refurbishment costs up to £1,000, 100% of the hammer price including auction fees, delivery charges and VAT on commercial vehicles. David Mercer (pictured), managing director of V12 Vehicle Finance said: “Because we are part of the Secure Trust Bank family, we have the financial backing and stability to make our pricing, products and services work in harmony with City Auction Group’s vision. “Our team has a rich background in many areas of the used vehicle industry.” City Auction Group has provided remarketing services for 25 years and has three de-fleet and remarketing centres in the UK and Northern Ireland. Asset Finance Connect Asset Finance Connect brings you news and updates about UK and European auto, equipment and asset finance providers. Sign up to our newsletter Featured Stories NewsUK car market grows for second year, but EV adoption falls short of targets NewsEU car and van makers demand action on CO2 rules NewsBEV sales by Chinese carmakers almost equal Tesla’s in November Auto Finance
