Upfront Car Finance

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Hybrid car finance specialist Upfront Car Finance secured £1,500,000 from UK Bond Network investors across three £500,000 tranches. 

UK Bond Network is providing a novel finance solution at an important time for our business. With a driver pipeline greater than cars available, the funding will help us to deploy more vehicles and scale more quickly.


Key auction statistics & Headline terms

  • £1,500,000

    Amount raised 

  • £10,752

    Average bid size

  • 9% & 20%

    Interest rate (gross per annum)

Amount raised£1,500,000
Term36 months


Tranches 1 & 2

Series A: 9% gross per annum

Series B: 20% gross per annum

Tranche 3

Series A: 11% gross per annum

Series B: 17.5% gross per annum

RepaymentHalf monthly amortisation, half bullet at maturity
SecurityUnsecured, but with protection features and a negative pledge

  • Chris Maule, CEO and founder of UK Bond Network, thoughts on Upfront: 

    "Upfront Car Finance is the sort of business we're increasingly used to helping, a highly innovative, high potential SME in a growth sector, led by able and well-qualified people such as Jonathan and his team. We're delighted to be assisting Upfront in achieving its growth goals, whilst providing investors with some much-needed yield in the current meagre interest rate evironment"

Get in touch

To find out more or to discuss a funding requirement, email our Lending Team at finance@ukbondnetwork.com or call us on +44 (0)20 3146 4440.