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This is the longest loan agreement in the history of TFC, whose registered address is IM House, Coleshill, near Birmingham, the headquarters of Bob Edmiston’s International Motors, the UK Subaru/Isuzu and Daihatsu distributor.
Norman Beaumont, ACF sales and marketing director, said: “TFC’s funding agreement secures our immediate future as market leader and allows us to power on with further planned developments.
ACF arranges credit throughout its network of eight used-car dealerships. Beaumont said ACF is the only remaining prominent sub-prime lender.