Loanhead Car Finance
Used Car Finance in Loanhead, Midlothian
GB Car Finance specialises in used car finance in and around Loanhead. We will work hard to help you obtain an approval decision, based on affordability, in minutes and drive away your new used car within 24 hours!
Car Finance Based On Affordability
If you need a loan to buy a used car then you have come to the right place - We could help to find car finance for you regardless of your current financial circumstances. We regularly help people with bad credit, even if they have been refused elsewhere. Simply complete the form opposite to apply.
Car Finance Loanhead
We are available to help people access car finance 247, 365 days a year - Whether you need an affordable family saloon, an economical hatchback, a large car or a people carrier we will work hard to help you find the right car for you. Apply online day or night, or speak with one of our friendly operators who will help guide you through the car finance application process and answer any questions you have.
“I was happy with the deal I got for my new car as I've struggled in the past to get the finance from any other company as I've had bad credit. They were very helpful on the phone and helped me choose my car - I was more than happy and would recommend GB Car Finance to anyone…”
All circumstances considered - CCJs, defaults, arrears, self employed, benefits, limited or no credit history, refused car finance elsewhere - Whatever your circumstances we'll look to help.
Used Car Finance in Midlothian
As well as Loanhead, GB Car Finance is pleased to assist people searching for car finance in Balerno, Bonnyrigg, Currie, Dalkeith, Edinburgh, Fairmilehead, Gorebridge, Juniper Green, Lasswade, Musselburgh, Pathhead, Penicuik and Roslin in Midlothian.
More information about Loanhead
Loanhead — A Small Town with Big Connections
Loanhead is a sma?ll town located in Midlothian, an area of Scotland, within the United Kingdom. With a population of approximately 11,637, it is situated six miles south of Edinburgh, Scotland's capital city. Though Loanhead is a seemingly small and unassuming place, it has strong connections to three major industries: the car industry, finance industry, and motorsport.
The Car Industry Connected to Loanhead
The car industry has strong connections with Loanhead, as the area is central to the development of several well-known vehicle manufacturers. The town is located just a few miles south of Scotland's central automotive hub, where companies such as McLaren, Bentley and Toyota are based. These companies have all been heavily involved in research and development within the area, resulting in a number of new vehicle models and advancements. For instance, McLaren's new P1 hybrid sports car, the world's first hybrid hypercar, was developed in Loanhead.
In the past, Loanhead was the location of the famous Reid & Sons motorworks, which was known for assembling luxury cars of the highest quality. The works was recognized for creating fine automobiles for over two decades, employing many skilled workers from the local area. Furthermore, the town is now home to the IAB — Institute of Automotive and Aerospace — which the largest automotive research institute in Scotland, with access to many leading names in the industry.
The Finance Industry Connected to Loanhead
In addition to its links to the car industry, Loanhead is also now closely connected to the finance sector. The town is believed to be the birthplace of a number of well-known financial institutions such as the Bank of Scotland and the Royal Bank of Scotland. These two banks have been closely linked to the town's history ever since they were established in the 17th century. The influence of the banks can still be seen in the everyday life of Loanhead's residents, with banking services available at many of the town's local banks.
Loanhead also has close ties to Scotland's renowned financial district, the City of Edinburgh. Situated just six miles away, many of the area's most well-known financial institutions, including the two aforementioned banks, have offices in Edinburgh. This provides many local Loanhead banking job opportunities, as the town is populated by numerous financial and business professionals with the necessary training and experience.
Motorsport Connected to Loanhead
The town of Loanhead is also closely linked to the motorsport industry, with a number of well-known racing drivers and teams having connections to the area. In recent years, Loanhead has become a regular fixture on the annual British Touring Car Championships calendar, hosting the season's inaugural race. Motorsports superstars such as Lewis Hamilton, Jenson Button and Nigel Mansell have all raced on the Loanhead circuit, while the annual 1600 International Rally is held at the nearby Knockhill racing complex.
Demographic Information of Loanhead
In terms of the town's population, Loanhead is home to a diverse array of residents. According to the latest census, Loanhead has a population of around 11,637 people. Of these, 66.3% are White, 9.3% are Asian or Asian British, 4.4% are Mixed/Multiple ethnic groups, and 5.2% are Black or Black British. The average age of the town's population is 41, with around 12.6% aged 65 and over.
In terms of the town's economic landscape, it is estimated that the average household income is around £44,550 and that employment levels within the town are above the local, regional and national averages. The town is also home to several notable companies and employment opportunities, including Hamilton Motors, which produces luxury cars, and Premier Property Management, which provides private property management services.
Conclusion
Loanhead is a small town with a rich history and strong connections to the car industry, finance industry, and motorsport. The town's history is closely intertwined with the development and operation of many well-known vehicle manufacturers, financial institutions, and racing teams. Furthermore, the town is home to an array of diverse people, with a high average household income and above-average employment levels. Loanhead provides an ideal setting for those looking to combine a thriving business and cosmopolitan lifestyle in a rural setting.