News

Finance Specialists - Office based role in Cramlington 

IT -  0n-site 1st & 2nd Line Support Technician

Field Sales - Business Development Managers - Various UK opportunities

Based in Newcastle-upon-Tyne, Eurodrive has operated successfully for more than 16 years offering specialist vehicle finance via a network of 400 franchised and independent motor retailers. The original acquisition of EVC in 2016, by the Australian Group, was seen as an opportunity to expand the company’s reach throughout the UK and whilst the business has undoubtedly benefited from its association with MSL, the current management team sensed that the time was right to steer a different course. 

Stephen Dixon, CEO and a founder member of the company said; “This change of ownership will allow us to adapt more quickly to the ever-changing landscape of the motor finance sector. Whilst being part of MSL has had many advantages, the last 12 months has proven to be an extremely difficult trading period. Controlling our own destiny and having the flexibility to adapt and diversify will be key to emerging from this period successfully.” 

The Eurodrive management team behind the MBO have all been involved with the business for many years. Kirstie Tyson, now Managing Director, is acutely focussed on re-establishing the brand identity of the business. “Whilst our change of ownership will involve minimal disruption, I want to ensure that from a dealer and customer experience perspective, there will be a tangible and noticeable improvement to our service and the products we provide. We have ambitions to significantly grow our supporting dealer base and will continue, as we always have, to support dealers with a variety of finance products as well as innovative stock funding solutions.” 

Other additions to the Board are Andrea Dunn, Finance Director and Steve Carroll as Commercial Director. 

As the company enters a new era, the Business is focussed on delivering a comprehensive product offering with compliance being the key. In addition to Motor Finance products, a strong B2B proposition, including asset finance facilities, via fast cutting edge ‘E’ platforms to ensure efficient decision making.