Distribution Finance Capital Holdings plc (DF Capital), a specialist provider of working capital financing to dealers and manufacturers across the UK, has received authorisation from the Financial Conduct Authority (FCA) to enter the consumer asset finance market.
Following an application in mid-2024 and a due diligence process with the FCA, DF Capital’s subsidiary, DF Capital Retail Finance Limited, is now authorised to provide consumer lending. This marks a strategic expansion beyond its core wholesale finance offering, enabling the Group to support end customers at the point of purchase through its existing dealer network.
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The new authorisation allows DF Capital to offer hire purchase and other asset financing to consumers and businesses seeking funding for leisure and commercial equipment. This aligns with growing demand from dealers and manufacturers looking to provide seamless finance options to their customers. The Group has demonstrated compliance with FCA regulatory standards, particularly in light of ongoing scrutiny of motor finance practices and commission transparency.
DF Capital plans to roll out its consumer asset finance offering in the first half of 2025. Leveraging its established dealer relationships, the Group aims to expand into adjacent markets that significantly exceed the size of its current wholesale finance portfolio. The move strengthens DF Capital’s position as a multi-product lender, complementing its existing working capital solutions.
Carl D’Ammassa, Chief Executive of DF Capital, said: “Securing FCA authorisation for consumer asset finance is a key milestone in our long-term growth strategy. This expansion allows us to meet strong market demand and further embed our finance solutions across the dealer and manufacturer ecosystem.”
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