{"id":485565,"date":"2025-10-09T11:51:12","date_gmt":"2025-10-09T11:51:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/485565\/"},"modified":"2025-10-09T11:51:12","modified_gmt":"2025-10-09T11:51:12","slug":"le-capitals-northern-ireland-expansion-is-boost-for-used-car-dealers-the-irish-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/485565\/","title":{"rendered":"LE Capital\u2019s Northern Ireland expansion \u2018is boost for used car dealers\u2019 \u2013 The Irish News"},"content":{"rendered":"<p class=\"c-paragraph\">LE Capital, which provides stock funding solutions for used car dealerships, has expanded into Northern Ireland to support the region\u2019s thriving automotive sector.<\/p>\n<p class=\"c-paragraph\">It follows a transaction earlier this year in which the British Business Bank, through its ENABLE Guarantees programme, supported a \u00a3100 million senior facility provided by specialist lender Paragon Bank to LE Capital. <\/p>\n<p class=\"c-paragraph\">The transaction has significantly boosted LE Capital\u2019s funding capacity, enabling it to extend its reach to more dealerships across the UK, including those in Northern Ireland, where it will offer facilities ranging from \u00a350,000 to \u00a31m, alongside dedicated regional support to ensure dealers receive a tailored responsive service.<\/p>\n<p class=\"c-paragraph\">George Stancliffe, chief executive at LE Capital, said: \u201cNorthern Ireland\u2019s used car market is full of ambition and potential. <\/p>\n<p><a class=\"c-link\" href=\"https:\/\/www.irishnews.com\/news\/business\/newry-technology-firm-statsports-acquired-by-sony-in-multi-million-pound-deal-4DUPTS6JKRGNNH55AV54NGMPKY\/\" aria-hidden=\"true\" tabindex=\"-1\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Newry technology firm STATSports acquired by Sony in multi-million pound deal\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/GABFIMONYFGF3HVTB4ASMWT4UU.jpg\"  width=\"800\" height=\"450\"\/><\/a><a class=\"c-link\" href=\"https:\/\/www.irishnews.com\/news\/business\/culloden-estate-unveils-600000-upgrade-and-new-visual-identity-33FU7VMLUVEU7B5HAPRZNTD7RA\/\" aria-hidden=\"true\" tabindex=\"-1\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Culloden Estate unveils &#xA3;600,000 upgrade and new visual identity\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/1760010672_491_4V6RF73G4VD47AXQGC3HZXY2WU.jpg\"  width=\"800\" height=\"450\"\/><\/a><\/p>\n<p class=\"c-paragraph\">\u201cThis expansion is about enabling growth, improving access to stock, and helping dealers stay ahead of market trends. <\/p>\n<p class=\"c-paragraph\">\u201cWith the continued support of Paragon Bank, and as a proud delivery partner of the British Business Bank, LE Capital is entering an exciting new phase of growth.\u201d<\/p>\n<p class=\"c-paragraph\">Since 2017 LE Capital has provided more than \u00a31.1 billion of funding into the UK car market and financed over 110,000 vehicles. <\/p>\n<p class=\"c-paragraph\">Its unique stocking product offers same day pay outs and provides customers with access to purchase stock from most of the major auction houses in the UK.<\/p>\n","protected":false},"excerpt":{"rendered":"LE Capital, which provides stock funding solutions for used car dealerships, has expanded into Northern Ireland to support&hellip;\n","protected":false},"author":2,"featured_media":485566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5011],"tags":[58571,160660,474,31899,1144,16,15],"class_list":{"0":"post-485565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-northern-ireland","8":"tag-british-business-bank","9":"tag-car-dealership","10":"tag-finance","11":"tag-lending","12":"tag-northern-ireland","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115344067415033916","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/485565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=485565"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/485565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/485566"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=485565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=485565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=485565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}