Fast Track 100

This broker’s website receives more than 6m visits a year and allows customers to browse more than 125,000 cars from UK dealerships. Brothers and serial entrepreneurs Reg, 36, and Louis Rix, 34, followed a family tradition when they founded the company in 2006 — their father has run the Rix Motor Company for more than 20 years and their grandfather was a well-known car trader in northwest England. CarFinance247 says more than £35m of loans are completed every month via its website. Last year it relocated to a new Manchester headquarters. In 2018 it launched a direct lending arm, helping sales — which primarily represent commissions — reach £47.5m in the year to June.

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Company details
ActivityVehicle finance provider
Annual sales rise over 3 years69.49%
Latest sales £000s*47,456

If applicable:

* supplied by company † annualised figure