DF Capital appoints managing director for powersport sectors
15 March 2023
DF Capital today announced that it has appointed Estelle McConnell as managing director – powersports to lead the bank’s commercial lending activity across the specialist car, marine and motorcycle sectors.
Estelle joins from V12 Vehicle Finance where she most recently held the position of head of UK sales. She has significant experience in leading commercial teams and managing dealer and broker customers. Estelle has also previously worked for Close Brothers Motor Finance and Halifax Bank of Scotland.
Estelle McConnell, managing director, powersports, commented: “I am delighted to be joining DF Capital at such a pivotal time. The specialist car, marine, and motorcycle markets are hugely exciting segments. The bank is well-established in marine and motorcycles and we’re building our presence in specialist cars. I’m really excited about working with our dealers and manufacturers to support their working capital and growth needs, as well as growing and developing presence in these markets.
Carl D’Ammassa, CEO at DF Capital, commented: “It is great to have Estelle join the DF Capital team, leading our efforts across the powersport sectors. We have significant ambition to help more manufacturers and dealers than ever before, providing them with the working capital firepower they need to unlock their growth ambitions and help them sell more products.”
DF Capital has a wide range of customers in its powersports portfolio, including GPX Moto, Zero Motorcycles, Gibbs Quay Boat Sales, and Fairline Yachts. The bank’s unit stocking product provides qualifying dealers with facilities to obtain and hold inventory, and then pay for the unit once it has been sold. Its floorplan finance product works in a similar way but is tailored specifically for each manufacturer and designed as a programme facility for their dealer networks.
Since its inception in 2016, and now as a specialist bank, DF Capital has provided over £2bn of funding across a variety of leisure and commercial sectors, including motorhome & caravan; lodges & holiday homes; motorcycles/all-terrain vehicles; marine; agriculture; industrial equipment and transport.
