Startline Motor Finance is expanding its team with 10 new positions, following a record three-month trading performance.

The new recruits, who will be appointed over the next few weeks, will hold credit decision and new business roles.

Startline CEO Paul Burgess said: “The boom in used car sales during the post-lockdown period has produced some very positive results for us and we have written more new business in the last three months than during any other comparable period.

“There are a number of factors behind this. The most important is simply that the market is very busy, thanks largely to pent-up demand from the preceding months, it appears. Whether this will continues is difficult to say but sentiment remains quite positive.

“Also, certain other lenders have tightened up their criteria in response to the coronavirus situation and so, as a flexible lender positioned just behind the initial line of motor finance companies, more business has been coming our way.

“Lastly, we took a decision as a business to stay open at the start of the pandemic which meant we were very well-positioned to hit the ground running when dealers started to reopen in June.”

The majority of Startline’s team continue to be home based and the business is planning to continue working this wat for the foreseeable future.