Financial Services

Motoring ahead: Creditplus completes move into new Poole head office in £2m investment

By Staff Reporter [email protected]

Published: July 7, 2020 | Updated: 7th July 2020

One of the UK’s leaders in consumer finance and used cars has completed its move to a newly refurbished head office in Poole as part of a £2m investment.

The 12,000 sq ft office in Willis Way for Creditplus is nearly 75 per cent larger than its previous home in Fleetsbridge.

It will allow for ambitious growth and employee development plans.

Last October the company, which employs 100 people, stated up to 26 new jobs could be created with the move.

The jobs are expected to be in sales and technology.

Creditplus says Covid-19 has driven “significant demand” for quality used cars with home delivery nationwide.

It operates a contactless delivery and ensures all vehicles are sterilised during preparation.

Shaun Armstrong, Co-founder, said: “Being an online provider of cars and finance, we’ve been proud to continue serving customers over the last several months.

“With the addition of contactless deliveries we’ve actually seen an increase in business.”

The three-storey head office will house the majority of the company’s colleagues.

Additional teams will be based at a satellite office in Fareham and a vehicle preparation facility in Holes Bay, Poole.

Since acquiring the building in the last quarter of 2019, Creditplus has overhauled the interior with a dedicated training facility, casual dining room and breakout areas.

Close proximity to the adjoining Fitness First gym means Creditplus will further support wellbeing with access to corporate membership and flexible working.

The new head office allows Creditplus to manage the recruitment of further sales positions and ensure its team has a safe and socially-distanced working environment.

Shaun said: “I’m excited for Creditplus to expand in our hometown of Poole and to welcome many more talented colleagues who will help us grow.”

Creditplus was co-founded in 2004 by Shaun after a blue-chip career in automotive and tech.

He saw an opportunity to disrupt the used car finance market.

In 2018, Paul Nash became a joint investor after a 30-year career in finance, most recently as Global Head of Asset Finance at accountancy firm PwC.

The company says it makes car buying simple by comparing the best finance deal, locating the perfect vehicle and then delivering to a customer’s door.

It works with partners such as Confused.com and MoneySupermarket.

Creditplus is a trading name of Whichdeal Ltd.

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