Evolution Funding named F&I ‘Broker of the Year’ 2016

Evolution Funding has been named F&I Conference & Awards 2016 ‘Broker of the Year’ for the second consecutive year.

The conference and awards, which are now in their sixth year, feature a day of industry-leading debate and discussion, followed by an evening of recognition for the best performers in the industry.

The category, which is awarded based on nominations from motor dealers, invited evidence of how their broker partner had consistently proven to be a trusted and valuable addition to their F&I offering.

Accepting the award on the evening, Jeremy Levine, Chief Executive Officer, said:

“Our business is driven by our dealer partners and we work hard to build and deliver on those partnerships. It is fantastic that our dealers value us highly enough to nominate us for a prestigious, industry-recognised award.
“We are proud to have a dedicated and innovative team of people who work tirelessly to deliver to the highest standards and winning this award yet again is testament to all the hard work that goes on behind the scenes.
“We’re a company that never stands still and we’re committed to helping our dealer partners embrace the opportunities that future developments in finance and digital present.”

The award rounds off another successful year of recognition for Evolution Funding which saw them named ‘Motor Finance Intermediary of the Year 2016’, listed in the Investec Mid-Market 100, identified as one of London Stock Exchange’s ‘1000 Companies to Inspire Britain’ and named in the Top 50 Fastest Growing Tech Companies at the Northern Tech Awards 2016.

Evolution Funding named ‘Broker of the Year’ at Car Finance Awards 2016

Evolution Funding has been named ‘Broker of the Year’ at the inaugural Car Finance Awards 2016.

The awards, which were hosted by British racing driver and presenter of 5th Gear, Vicky Butler-Henderson, followed a day of networking and industry expert panel discussions around opportunities and challenges within the car finance industry.

The category, which was judged by an independent panel of experts representing every area of the car finance industry, looked primarily at business performance, with keen focus on the key performance indicators throughout the business.

Accepting the award on the evening, Jeremy Levine, Chief Executive Officer, commented afterwards:

“We have an incredibly focused, dedicated and innovative team of people within the company and so it is fantastic that Evolution should receive further recognition for the work that goes into making us the leading motor finance broker in the UK.
“We have lots of developments ready to roll out which will help our dealer partners to embrace the exciting opportunities that digital presents, with the end game of assisting them in selling even more cars.
“We are excited to have won this award and you can be sure that we’ll be living up to the title!”

The accolade comes on the back of a period of success for the group who continue to win both industry and outside recognition.

Recent awards include being named ‘F&I Broker of the Year 2015’, ‘Motor Finance Intermediary of the Year 2016’, listed in the Investec Mid-Market 100, identified as one of London Stock Exchange’s ‘1000 Companies to Inspire Britain’ in both 2015 and 2016 and named in the Top 50 Fastest Growing Tech Companies at the Northern Tech Awards 2016.

The company has also recently joined ELITE, the London Stock Exchange Group’s innovative support programme for inspiring growth businesses.

Evolution Funding joins London Stock Exchange Group ELITE programme

Evolution Funding, the UK’s leading motor funding intermediary, has today been welcomed to ELITE, the London Stock Exchange Group’s innovative support programme for inspiring growth businesses.

They join a record number of 46 companies accepted onto the fifth cohort of the UK programme, 16 of which are UK companies representing a diverse range of sectors. Today’s new cohorts bring the total number of businesses in the community to over 380, generating over £25 billion in combined revenues and accounting for over 130,000 jobs.

ELITE offers businesses a full programme to help them grow, including education, business support and direct contact with Europe’s financial and advisory community. In the UK, Imperial College Business School helps deliver the programme. Management teams are guided on how best to fast-track their development and capital raising processes, how to access the most suitable funding for their needs, whether private equity, venture capital or the bond or equity markets, and given advice on building their profile and reach.

ELITE also allows its vibrant international advisor and investor community the opportunity to engage with a pool of high quality, dynamic companies and entrepreneurs, all of whom are open to the advice, opportunities and connections that the programme offers.

Xavier Rolet, CEO, London Stock Exchange Group:

“As the European Commission’s pioneering Capital Markets Union work confirms, to truly unleash the potential of high growth firms, they need access to finance and financial knowledge, which LSEG is committed to delivering through ELITE.
“It is almost two years to the day since ELITE was launched in the UK, giving the brightest and fastest growing British businesses the opportunity to expand, innovate and create new jobs. I’m delighted to have charted the successes of the first group of UK companies, who this month also become the first to graduate from ELITE and warmly welcome today’s new companies at the start of their ELITE journeys.”

Jeremy Levine, Director, Evolution Funding:

“We are delighted to have been accepted onto the ELITE programme. We have extensive plans for growth and expansion and the support, advice and guidance we’ll receive through ELITE will ensure that we have all the right knowledge and foundations in place to support those plans. We are excited to see what we can achieve off the back of our involvement in ELITE.”

Evolution Funding wins at Motor Finance awards 2016

Evolution Funding, the UK’s leading motor finance broker, has been named Intermediary of the Year 2016 at the prestigious annual Motor Finance Awards, held in conjunction with the Motor Finance Conference at the Steigenberger Frankfurter Hof Hotel in Frankfurt 7th April.

The awards, held by leading car finance industry journal Motor Finance, recognised achievements in the European motor finance industry in 2016 as well as challenging candidates to share their recent successes. All winners were selected by an independent judging panel, and by Motor Finance’s editorial team members.

Jonathan Minter, Editor of Motor Finance, said:

“For the second Motor Finance Conference we were really impressed with the calibre of entries we received for our awards, and I would like to congratulate all of the eventual winners, as well as each of the finalists. These awards were designed to showcase not only the best of the best in motor finance, but also the range of companies and people who go into making buying a car on secured finance such a simple and painless process.
“When looking at the number of entries, this year was notably higher than the inaugural conference, which shows just how well received the awards were, and how well regarded the event was. I would also like to thank our panel of expert judges, who I know spent a lot of time going over the nominations and debating the pros and cons of various entries.”

The 2016 Motor Finance Awards gala dinner was preceded by a day conference that brought together captive finance representatives, banks, leasing companies, automotive finance professionals and industry disruptors in discussions around key issues the industry is currently facing across Europe and globally – regulatory updates, leasing developments, consumer behaviour, fleet management and the rise of digital.

The winners of the 2016 Motor Finance Awards are:

Captive Finance Company of the Year 2016: BMW Group Financial Services

Independent Finance Provider of the Year 2016: Black Horse

Intermediary of the Year 2016: Evolution Funding

Sub-Prime Lender of the Year 2016: Moneybarn

Legal Provider of the Year 2016: Shoosmiths

Fleet Services Provider of the Year 2016: Leaseplan

New Entrant of the Year 2016: Blue Motor Finance

IT Services Provider of the Year 2016: Sword Apak

Best Finance Product 2016: NextGear Capital UK

Advisory Firm of the Year 2016: KPMG AG WPG “Captive Finance”

Innovator of the Year 2016: AU10TIX (With RCI Financial services UK)

Rising Star Award 2016: Matt Solven, Audi Financial Services for Volkswagen Financial Services (UK) Ltd

Industry Ambassador of the Year 2016: Erhard Paulat, GM Financial

Evolution Funding Inspires Britain for Second Year Running

Evolution Funding, the UK’s leading multi-disciplinary motor finance broker, has been identified as one of London Stock Exchange’s ‘1000 Companies to Inspire Britain’.

The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses. To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. Evolution joins an elite group of just 240 companies across all industries that made the grade for a second year running.

Xavier Rolet, Chief Executive, London Stock Exchange Group said:

“We want to shine a light on what we know to be true: that these companies are the engine of the UK economy.”

Rt Hon George Orbourne MP added:

“The entrepreneurs in this report illustrate our nation’s capacity to produce world-class innovation.”

Evolution Funding employs 190 people UK-wide and boasts multiple arms to its operation, including a motor finance brokerage, vehicle rentals, vehicle loans, and a car dealership and body shop.

Established 13 years ago, the company experienced comparatively modest growth until four years ago when it grew by 32% year on year.

It has maintained that level of exponential growth ever since and is set to post equally positive numbers during 2016 according to management. In comparison, the whole motor finance industry grew by 15% to 20% year-on-year in the same period, giving perspective to Evolution Funding’s significant achievements.

The company, which funds vehicle loans across a 2000-strong national network of dealership partners and has tripled its flexi-rental fleet to 1275 vehicles, was named ‘F&I Broker of the Year 2015’ and listed in the Investec Mid-Market 100, a ranking of the UK’s fastest-growing private companies.

Jeremy Levine, Director, Evolution Funding commented:

“For Evolution Funding, our inclusion in the London Stock Exchange report for a second year running is a reflection of Evolution’s ongoing commitment to reinvesting today’s success in the future growth and innovation of our partnerships and our people. We are delighted that we have been recognised yet again and we thank our teams for their continued focus and dedication to making Evolution Funding a force to be reckoned with.”

A full searchable database of all of the companies along with a downloadable PDF of the publication can be found online at www.1000companies.com.

Evolution Funding in Top 100 of UK’s fastest growing companies

Leading multi-discipline motor finance broker Evolution Funding has announced their inclusion in the Investec Mid-Market 100, a ranking of the UK’s fastest growing private companies.

Based on research conducted by the specialist lender in conjunction with The Times, the ranking identifies the cream of a crop of 24,000 medium-sized businesses in Britain.

Evolution Funding employs 180 people UK-wide and boasts multiple arms to its operation, including a motor finance brokerage, vehicle rentals, vehicle loans, and a car dealership and body shop.

Established 13 years ago, the company experienced comparatively modest growth until four years ago when it grew by 32% year on year.

It has maintained that level of exponential growth ever since and is set to post equally positive numbers this year according to management. In comparison, the whole motor finance industry grew by 15% to 20% year-on-year in the same period, giving perspective to Evolution Funding’s significant achievements.

Director Jeremy Levine commented:

For Evolution Funding the Investec mid market 100 listing demonstrates four years of sustainable and improving growth and is a reflection of Evolution’s ongoing commitment to reinvesting today’s success in the future growth and innovation of our partnerships.
We are delighted with this performance and to note that our 2015 figures will improve again further as Evolution Funding looks forward to the significant opportunities available in 2016/2017.”

The company, which funds vehicle loans across a 2000-strong national network of dealership partners and has tripled its flexi-rental fleet to 1115 vehicles, was recently named ‘F&I Broker of the Year 2015’ and identified as one of London Stock Exchange’s ‘1000 Companies to Inspire Britain’.

Evolution Funding announced ‘Broker of the Year 2015’

F&I Broker of the Year Award 2015

Evolution Funding were named  ‘Broker of the Year 2015’ winners at the annual Frontline F & I Conference & Awards, held at Leeds Armouries.

Sales Director, Chris Coverdale commented:

Evolution Funding have had a tremendous year in terms of growth and innovation and will continue to lead from the front in an exciting and ever changing environment. Being recognized by our partners and peers within the industry is important so that we can continue to develop market leading products, service and technology that help motor dealers sell more cars to more customers in a compliant manner.