Kingsway Asset Finance
British Business Bank programme:
With a pedigree stretching back to 1997, Kingsway Asset Finance is one of the UK’s longest established independent asset finance and leasing companies specialising in serving the SME market.
Kingsway accepts new business proposals from Asset Finance & Leasing Brokers, Equipment Dealers and direct from End Users. These can be for Hire Purchase, Leasing or Professions Loans.
Asset types that can be financed are wide and varied including IT Equipment, Machinery, Office Equipment, Shop Fittings and Vehicles. Kingsway are very flexible on asset types, providing that we can see and understand a bona fide use for the particular asset within the customers business.
We have provided finance for many unusual items including Amusement Arcade Equipment, Biomass Boilers, Office Refits, Pianos, Play Centre Equipment and even Squash Courts. The customer’s credit status is far more important to us than the perceived value of the asset. Credit scoring is not used: instead every proposal is individually considered by an experienced underwriter.
Upon receiving the British Business Bank Investments Expansion Capital facility, Adrian Anthon, Managing Director of Kingsway, said
“The North West is home to a thriving start up and small business community which we have been supporting for over 10 years.
“The new British Business Bank Investments Limited facility will enable Kingsway to significantly increase our lending to small businesses both in the North West and further afield”