Marsh Finance

Marsh Finance, car finance since 1973

Marsh Finance is an independent family-owned motor finance company operating in the UK which, according to its own presentation, has been lending to the public since 1973. The firm describes itself as a direct car finance specialist and puts its accumulated experience at over fifty years. Its head office is at Crossfield Mill, Crawford St, Rochdale OL16 5RS.

Its activity is built around two main credit products for vehicle purchase: Hire Purchase (HP) and Personal Contract Purchase (PCP). The company presents itself as one of the two PCP providers for non-prime customers in the UK market, a segment to which it also directs its offering for dealerships and brokers.

Finance products for private customers

Marsh Finance's catalogue for private customers includes various credit options adapted to different financial situations. Among the variants detailed on its website are:

• Hire Purchase, with ownership of the vehicle at the end of the agreement, fixed monthly payments, optional deposit and no final balloon payment.
• Personal Contract Purchase, with the option of ownership at the end of the agreement, fixed payments, final balloon payment and excess mileage charges.
• No deposit car finance.
• Finance for customers with an adverse credit history (bad credit).
• Finance for self-employed workers.
• Finance for applicants previously declined.
• Finance for young drivers.
• Finance with a guarantor.
• Finance with negative equity.
• Low APR finance.
• Finance without a guarantor.

The company states that the representative rate advertised on its website is 19.9% APR. It also offers a finance calculator and a personalised car search service: the customer provides their budget and desired model and the firm locates options.

Application process and credit assessment

The process described by Marsh Finance begins with an online application form. The company notes that pre-approval can be completed the same day and that initial checks include only a soft credit check, so the applicant can find out their eligibility without their credit score being affected. Once the checks are passed, the customer can go on to drive the vehicle.

Customer support is provided, according to the website, every weekday from 9:00 to 18:00 and on Saturdays until 17:00.

Services for dealerships and brokers

In addition to direct consumer finance, Marsh Finance runs a business line aimed at dealerships and brokers. In this area it offers finance for customers with a damaged credit history, loans for near-prime profiles and PCP for customers in that same segment. The company states it is one of the two non-prime PCP providers in the market and complements its offering with free consultancy services aimed at improving regulatory compliance, boosting sales and streamlining dealership operations. It has a partner programme (Dealer Partner) and resources such as Industry Insights.

Corporate structure and regulation

The group operates through several entities authorised and regulated by the UK Financial Conduct Authority (FCA):

• Marsh Finance Ltd, FCA authorisation number 312186, company registered in England with number 1138291, VAT 936 538 395 and Information Commissioner number Z6526626.
• Marsh Finance & Commercial Ltd, FCA authorisation number 704239, company registered in England with number 03715914, VAT 182 762 879 and Information Commissioner number Z3209637.
• Marsh FM LLP, FCA authorisation number 704276, company registered in England with number OC351145, VAT 984 184 874 and Information Commissioner number Z3209640.

All three entities share the head office at Crossfield Mill, Crawford St, Rochdale OL16 5RS, and the same telephone number and contact email. The website also mentions the Motor Finance Consumer Redress Scheme and a complaints page, as well as resources on refinancing and settling agreements.

Location and contact

Crossfield Mill, Crawford St, Rochdale OL16 5RS · Phone: 01706 648882 · Email: enquiries@marshfinance.co.uk