[London. February 2011] The Swift Group, Britain's largest caravan manufacturing company, has agreed a multi-million pound stock funding scheme with Lombard.
As the only manufacturer to operate in all three sectors of the caravan market, these being touring caravans, motorhomes and parks selling company's holiday homes, the financing plan will provide dealers with a further source of funding to stock Swift products.
"Lombard has considerable experience in our market and as such has been able to develop a great scheme that will allow our dealers to stock products at a time when many financial institutions are being criticised for not making sufficient funds available for British manufacturers to develop their business. It shows great confidence in Swift and will help dealers to push forward in challenging times to take full advantage of a growth in demand for holidays in the UK,” Swift Group Commercial Director, Nick Page commented.
Page explained further that this financing plan offer dealers a range of benefits including transparent costing, full automation and maximum flexibility.
"We look forward to working with Swift as the market leader at a time when holidays in the UK are one of the few areas to be showing increasing demand. We see the caravan holiday market as one of the growth sectors over the next few years. Working with market-leading manufacturers, such as Swift, will enable us to help the dealers fund more of their award winning products and take maximum advantage of this demand," said Wesley Harfield, Managing Director Lombard Specialist Finance.
Swift is the fastest growing company in the holiday home sector with over two hundred dealer outlets and sells to hundreds of holiday parks.
