Billing Finance Ltd secures a £250 million investment from Quilam Capital to enhance its technology capabilities and drive growth in the UK vehicle finance market.

Target Overview

Billing Finance Ltd is a well-established specialist lender in the UK, focusing primarily on providing hire purchase agreements for used vehicles. With a commitment to enhancing its technology capabilities, the company has announced a significant funding package amounting to £250 million, which will propel its growth strategy. This capital infusion, provided by Quilam Capital, includes senior funding and growth facilities and allows Quilam to acquire a strategic stake in Billing Finance.

The recent appointment of Simon Bayley as CEO in June 2025 underscores the company's ambition to expand its presence in the non-prime vehicle finance sector. Under Bayley’s leadership, Billing Finance aims to implement a robust technology-enabled transformation to improve underwriting processes, enhance customer experience, and increase operational scalability throughout the customer lifecycle.

Industry Overview

The vehicle finance industry in the UK has seen a significant transformation in recent years, especially with the rise of technology-driven solutions catering to changing consumer preferences. As th