Allied expands car finance business

ALLIED Credit is drawing on the expertise of its new leadership team, including a new head of sales distribution, following the company’s expansion of its car finance business.

This expansion includes the recent purchase of the Macquarie Bank dealer floorplan book that is valued between $600 to $700 million and enabled Allied Credit to transition those car dealers across for all their wholesale and retail funding needs.

Part of the expansion of the Allied Credit executive team is the appointment of Mark Fernandez as head of sales distribution.

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