Hyundai Capital UK

What Hyundai Capital UK does

Hyundai Capital UK Limited is a UK-registered captive automotive finance provider, established in July 2012 as a joint venture between Santander Consumer UK (50.01%), Hyundai Capital Services Korea (29.99%), Hyundai Motor UK (10%), and Kia Motors UK (10%). The company is authorised and regulated by the Financial Conduct Authority (FRN: 581186), is registered in England (company number 7945949), and is headquartered in Reigate, Surrey, with a customer services office in Redhill. It operates under three customer-facing sub-brands — Genesis Finance, Hyundai Finance, and Kia Finance — serving more than 150 Hyundai dealers and 180+ Kia dealers across the United Kingdom.

The core product suite comprises Personal Motor Loans, Personal Contract Purchase (PCP), Personal Contract Hire (PCH), and Business Contract Hire (BCH), alongside wholesale dealer funding facilities. The primary proprietary technology is the Sales Process Application (SPA), a web-based tool embedded into dealer point-of-sale workflows that delivers audio-visual product descriptions, comparison quotations, and time- and date-stamped customer-understanding records to support FCA-compliant sales. The SPA is supported by regionally deployed Business Development Managers who manage dealer relationships.

Revenue is generated through interest and fee income on automotive retail and business finance agreements plus margin on wholesale dealer funding. Distribution is fully captive: products reach customers exclusively through Hyundai, Kia, and Genesis franchise dealer networks, with Genesis also served via a dedicated online shop. External recognition includes Motor Finance's "Captive Finance Company of the Year" award, ISO 27001 certification, and Great Place to Work certification (95% employee endorsement against a UK average of 54%).

Name

Hyundai Capital UK

Legal name

Hyundai Capital UK Limited

Website

https://hyundaicapital.co.uk

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

Hyundai Capital UK is a UK-registered captive automotive finance joint venture, majority-owned by Santander Consumer UK with Hyundai Motor Group entities, providing retail, business, and wholesale vehicle finance exclusively through 330+ Hyundai, Kia, and Genesis dealer touchpoints.

Ownership category

akta.pro rank

Product category

Automotive Finance

NAICS

Passenger Car Leasing (532112), Passenger Car Rental (532111)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Finance Lessors (6172), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Leasing & Lease Buyout Financing (FSAKADAC)

akta.pro secondary industries

Auto & Vehicle Leasing (Personal Use) (FSAKANAA), SME & Small Business Vehicle Leasing (TLABAAAB), Fleet & Commercial Vehicle Finance (FSAKADAE)

Keywords

• Automotive finance
• Captive finance
• Vehicle leasing
• Personal contract purchase
• Dealer wholesale funding

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Automotive Finance Products: Hyundai Capital UK generates revenue through interest and fees charged on automotive finance agreements including Personal Motor Loans, Personal Contract Purchase (PCP), Personal Contract Hire (PCH), and Business Contract Hire (BCH). Revenue accrues from retail customers purchasing vehicles through Hyundai, Kia, and Genesis dealer networks, as well as from wholesale funding provided to dealers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Hyundai Capital UK is a captive automotive finance company providing Personal Motor Loans, Personal Contract Purchase (PCP), Personal Contract Hire (PCH), and Business Contract Hire (BCH) products to retail and business customers purchasing or leasing Hyundai, Kia, and Genesis vehicles in the UK. It also extends wholesale dealer funding to franchised Hyundai and Kia dealers, supported by a proprietary Sales Process Application (SPA) integrated at the dealer point of sale.

Product overview

Hyundai Capital UK operates as a captive finance company for Genesis, Hyundai, and Kia brands, offering a portfolio of automotive finance products and services. The company operates three customer-facing sub-brands: Genesis Finance, Hyundai Finance, and Kia Finance. The core product suite includes Personal Motor Loan (fixed-rate ownership product), Personal Contract Purchase (PCP with retain/return/renew options), Personal Contract Hire (PCH/leasing), and Business Contract Hire (BCH for businesses/fleets). A key dealer-facing tool is the Sales Process Application (SPA), a web-based compliance and sales tool integrated with dealer point-of-sale systems. The company also provides wholesale dealer funding to its franchise network. All products and services are regulated by the Financial Conduct Authority.

Differentiator

Problem solved

Functional benefit

Products and services

• Genesis Finance Customer-facing finance sub-brand providing competitive and affordable finance products to customers purchasing Genesis vehicles through the Genesis online shop.
• Hyundai Finance Customer-facing finance sub-brand offering competitive and affordable finance products and services to retail and business customers through more than 150 Hyundai dealers nationwide.
• Kia Finance Customer-facing finance sub-brand offering competitive and affordable finance products and services to retail and business customers through more than 180 Kia dealers nationwide.
• Personal Motor Loan Traditional finance product with a fixed interest rate and fixed monthly instalments, structured to reflect customer needs on deposit and repayment period. Ownership passes to the customer when all payments have been made. Targeted at retail consumers purchasing Hyundai, Kia, or Genesis vehicles.
• Personal Contract Purchase (PCP) Finance product where an optional final payment (guaranteed future value) is set at the start based on term and approximate annual mileage. Customers pay a deposit and monthly repayments based on the outstanding loan balance less the optional final payment, with options to retain, return, or renew the vehicle at end of agreement.
• Personal Contract Hire (PCH) Leasing product where customers pay an initial upfront advance rental (three, six, or nine months) followed by fixed monthly rentals (including VAT) to use a vehicle over a pre-agreed period and mileage. Vehicle is returned at end of agreement without further cost, subject to mileage and condition terms.
• Business Contract Hire (BCH) Fixed monthly rental agreement designed for small to medium businesses and fleet managers to lease new vehicles without the risks of buying outright. Includes initial advance rental followed by fixed monthly fees plus VAT, with the vehicle returned at end of agreement.
• Wholesale Dealer Funding Wholesale funding solutions provided to franchised Hyundai and Kia dealers, including credit reference and fraud prevention checks via Experian, Call Credit/TransUnion, Equifax, and Delphi, plus ongoing monitoring and facility administration. Targeted at dealer principals, shareholders, and personal guarantors of the dealer business.
• Sales Process Application (SPA) Bespoke web-based tool fully integrated within dealers' existing sales processes, providing audio-visual product descriptions, typical comparison quotations, and a series of short questions validating customer understanding of finance products. Generates time- and date-stamped printable customer records to support FCA Treating Customers Fairly compliance. Used by Business Development Managers across the Hyundai, Kia, and Genesis dealer networks.

Quantifiable outcome

• More than 150 Hyundai dealers served nationwide
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Walton Firs (Charitable Activity)minorOthersWalton Firs is mentioned as a volunteering location for Hyundai Capital UK employee community days, supporting the company's corporate social responsibility and community engagement activities.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Volkswagen Financial Services UK: Captive finance arm of Volkswagen Group in the UK, providing retail and business finance for VW, Audi, SEAT, Škoda, and Cupra. Directly comparable as a multi-brand OEM captive with similar product suite (PCP, PCH, BCH) and dealer-channel distribution model.
• BMW Financial Services (GB): Captive finance provider for BMW and MINI in Great Britain. Closely comparable premium-OEM captive operating in the same UK auto-finance market with retail, business, and dealer funding products.
• Toyota Financial Services (UK): Captive finance arm for Toyota and Lexus in the UK, offering personal and business contract purchase and hire products through franchised dealers. Directly comparable given parallel OEM-captive structure and EV/hybrid finance exposure.
• Stellantis Financial Services UK: UK captive finance operation for Stellantis brands (Peugeot, Citroën, Vauxhall, Fiat, etc.). Directly comparable as another multi-brand OEM captive competing for the same UK dealer finance relationships.
• Mercedes-Benz Financial Services UK: Captive finance arm for Mercedes-Benz in the UK, offering personal and business leasing and loan products. Comparable premium-OEM captive with similar product mix and dealer-channel model.
• Volvo Car Financial Services UK: UK captive finance operation for Volvo Cars, offering retail and business finance through Volvo dealers. Comparable premium-OEM captive with similar EV transition exposure and dealer-channel distribution.

Broad incumbents

• Black Horse (Lloyds Banking Group): One of the UK's largest non-captive motor finance providers, owned by Lloyds Banking Group. Comparable in product suite (loans, PCP, leasing) and dealer-channel distribution, but operates broadly across many OEMs rather than as a captive.
• Close Brothers Motor Finance: UK motor finance division of Close Brothers Group, serving dealers and consumers across multiple OEMs with loans, PCP, and leasing products. Comparable product breadth and dealer relationships, but a non-captive lender.
• MotoNovo Finance: UK-based non-captive motor finance provider offering personal and business finance through a large dealer network. Competes for the same dealer point-of-sale finance relationships as HCUK across multiple OEM brands.
• Santander Consumer UK: 50.01% majority shareholder of HCUK and one of the UK's largest independent consumer finance companies. Sister/parent entity with overlapping motor finance product capabilities, providing direct competitive context.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hyundai-capital-uk

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyundai Capital UK