DF Capital partners with The Fleet Auction Group to offer finance for buyers
DF Capital, a specialist bank providing financial solutions that support manufacturers, dealers and distributors across the UK, has announced a new partnership with The Fleet Auction Group and its sister company Protruck Auctions, giving vehicle dealers access to a simple and flexible way to fund stock purchases from the auctioneer’s sales.
The Fleet Auction Group is a national organisation specialising in vehicle de‑fleet, refurbishment, and remarketing. It offers a full range of services, including PDI, storage, in‑life support and multi‑channel remarketing.
Dealers buying vehicles – such as motorcycles, cars, LCVs, WAVs, HGVs, as well as agricultural, construction and material‑handling equipment – at The Fleet Auction Group or Protruck can now use DF Capital’s stock‑funding facility. This support is designed to make purchasing easier, help manage cashflow and enable dealers to grow their businesses.
Through the partnership, dealers can fund 100% of the hammer price, including auction and delivery fees, with no capital repayments required for up to 91 days. Funding is available for new or used assets, whether registered or unregistered, for up to 360 days.
To make the process even smoother, DF Capital’s system has been integrated with The Fleet Auction Group’s platform. This allows approved buyers to request funding directly through the auction, making transactions faster and more seamless.
“We’re delighted to be working with The Fleet Auction Group to provide their buyers with access to our flexible stocking solutions,” said Chris Ratcliffe, field development manager for transport at DF Capital. “Our aim is to make it as easy as possible for our dealers to source and fund the vehicles they need, while supporting their cashflow and business ambitions.”
Andrew Walker CEO at The Fleet Auction Group, added: “Partnering with DF Capital gives our buyers a trusted and straightforward funding option. We are always looking for innovative ways to add value and convenience for our customers, and this partnership helps them access the funding should they need it, quickly and efficiently.”