The new BSA Gold Star has been one of the hottest properties in the UK since it was first shown at Motorcycle Live in 2021. And now, with stocks of the Indian-built 650 single becoming more widely available, UK importer Lukas Distribution has set up a dealer financing programme with DF Capital to support floorplan stocking levels. DF has provided a six-figure facility to the Lukas UK dealer network, helping smooth out cash flow and allowing secure stock levels for dealers.
We chose DF Capital over and above other banks because it is able to act quickly and the IT capabilities are first rate
Luke Gregory, managing director of Lukas Distribution, told us, “DF Capital has supported our growth over the past six months and this, in part, has contributed to the high sales we are seeing. We’ve sold a considerable number of units already, in advance of them being available, and our high-quality dealers can use the flexible facility to make sure they have the right amount of funding at the right time. We’re expecting to sell more than 1500 motorcycles in 2023 from our dedicated site, so it’s important to have the right financial infrastructure in place to do this.
“We chose DF Capital over and above other banks because it is able to act quickly and the IT capabilities are first rate.”
Alexa Lemzaouni, powersports programme manager at DF Capital, said, “It’s an absolute privilege to be involved with bringing one of the most exciting motorcycle brands in the world back to the UK and helping increase sales for both Lukas Distribution and its network of dealers. It wanted a flexible financier that could provide an alternative solution to traditional lending. We could see the potential in the business, so we quickly made the decision that we could definitely support the business’ growth and operations.”