Startline Motor Finance said ten employees were being added to the company’s origination team, based at its SkyPark headquarters in the city centre, to handle increased levels of business.
Like all the company’s staff, the new recruits will be given the option of a hybrid working model amid ongoing guidance to try to control the spread of coronavirus.
The firm is headquartered in Glasgow with a sales presence throughout the UK. It has about 160 staff.
Chief executive Paul Burgess said: “We normally see a bump in demand during January and are expecting this to be a strong month accompanied by a strong Q1, so we want to have the people in place needed to handle demand from dealers and other motor finance introducers.
“The used car market has remained buoyant during 2021 and we have continued to see growth as a result. We have supported this by gradually increasing our employee numbers and are now up to around 160 people in total.”
He said the business expected the general economy next year to be “potentially quite volatile” but demand for motor finance would remain robust.
“There is a good chance that early next year, we will see a range of factors negatively affecting the economy, including materials and labour shortages, the end of furloughing, and the ongoing upheaval resulting from both Brexit and the pandemic,” noted Burgess.
“However, we are confident in the resilience of the used car market.”