Brothers and serial entrepreneurs Reg, 33, and Louis Rix 31, founded this online car finance broker in 2006, following their father and grandfather into the motor industry. The company operates nationally from its Manchester headquarters. It has invested in technology to allow it to find finance deals more quickly from a panel of 15 lenders. The firm received 400,000 inquiries for finance in its latest year, when it took £9.7m in commission. In October the website launched a car search facility for its customers. Reg and Louis previously founded the online car ad site Netcars.com, which they sold in 2013 to RAC for an undisclosed sum.

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Company details
Year2015
Rank6
CompanyCarfinance247
ActivityVehicle finance provider
LocationManchester
Annual sales rise over 3 years148.50%
Latest sales £000s*9,747
Staff176
Founded2006
Websitewww.carfinance247.co.uk

If applicable:

* supplied by company † annualised figure