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Episode 48: Liz Allan and Marc McLoughlin - The Impact of Electric Vehicle Integration on the Business Sector

Liz Allan speaks to Marc McLoughlin, Managing Director of Greenarc Vehicles. They discuss Marc's journey in the motor finance world, his decision to change his company's business model, and the challenges and successes he encountered along the way. Marc also discusses customer confusion regarding EVs, managed company car schemes and salary sacrifice schemes, and the benefits of EVs for company car owners.

Marc McLoughlin Bio:
Marc began his career in the world of business and finance after completing a year of college. At the age of seventeen, Marc and a friend decided to explore opportunities in the workforce instead. They sought advice from the careers office, giving them two options: an apprenticeship in an insurance company or a motor finance company. The decision was made by swapping their choices, and Marc ended up at the motor finance company called Haydock Finance in Blackburn. He spent a few years there, learning the ropes of sales, customer service, finance applications, credit searches, and vehicle valuations. This experience laid the foundation for his career in the field of motor finance, which perfectly aligned with his interests in vehicles and numbers. Marc considers himself a salesperson at heart, although he currently holds the title of Managing Director. Throughout his career, he has been involved in various aspects of finance, including higher purchase dealer loans for individuals and asset finance for businesses. Overall, Marc's journey has been focused mainly on the finance sector, allowing him to utilise his skills and pursue his passion for sales.

Marc McLoughlin Links:
Website: https://greenarc.com
LinkedIn: https://www.linkedin.com/in/marcmcloughlin/?originalSubdomain=uk

Episode Keywords:
Eelectric vehicles, company car drivers, car tax, Tesla, Fleet management software, COVID-19 pandemic, furlough, benefit in kind, demystifying EVs, partner proposition, vehicle replacement program, whole life costing, total cost of ownership, insurance, lending, motor finance, Haydock Finance, motor leasing, high cost of acquisition, low conversion, low margin, relational B2B work, local business networking, solar, EV

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