V12 Vehicle Finance names new MD
V12 Vehicle Finance has announced David Nield as managing director.
He has held senior positions as Barclays, Iveco Capital Europe and GE Capital Motor Finance and was formerly Secure Trust Bank chief operating officer.
He said: “I am hugely excited to take on this new role. We have one of the broadest propositions in the market, having successfully launched our V12 Used Vehicle Stocking business in 2019 and the recent launch of our new Prime proposition which builds on our well established Near Prime business.”
The Vehicle Finance business currently operates under two brands, Moneyway for its Near Prime proposition and V12 Vehicle Finance for its Prime and Used Vehicle Stocking business. These used car finance solutions help independent and franchised dealers across the UK source, buy, sell and finance used vehicles more efficiently and more often.