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, 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 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.