Funding challenging credits and older plant, machinery & vehicles.
Some of our brokers completely understand the hard asset finance market and generally have many funders who are more than happy to assist their customers.
However when it comes to more challenging credits, older assets or where the customer has a high capital expenditure requirement they turn to us for help.
One such broker asked KAFL to get involved with his customer who needed to continue to invest in plant and vehicles to support his growing order book. The business whist very successful but was very highly geared and cash was tight. However following a joint visit with the broker KAFL was comfortable with how the business was being run, the knowledge and expertise of the Directors and the full order book. The company needed to invest in 2 x new excavators but only wanted to put down the VAT as deposit. To assist them with their cash flow KAFL took the VAT deposit and also a charge over an unencumbered piece of plant, the balance was then funded over a 60 month period on a Hire Purchase facility.
"As a franchisee of AFSUK we are quite spoilt and have a great variety of funders to choose from for our customers. That being said there are certain funders you do enjoy dealing with and KAFL is one of them. Local to us in the North West we have got to know the team at KAFL both on a business & social level. We always receive a first class service and know that we can pick up the phone and discuss ongoing deals with various team members, including the underwriter and MD Jonathan Smith."
Nigel Oakes / Director
6 October 2025
October is here, and for many law firms and barristers, that means it’s time to renew Solicitors Regulation Authority (SRA) practising certificates, a necessary but often costly annual expense. This year, the cost of practising as a solicitor is set to rise by 11%, with the financial burden falling more heavily on firms rather than individuals.
Copyright © Kingsley Asset Finance 2004-2025 | Authorised and Regulated by the Financial Conduct Authority: FRN 724361 | Website by Ignition CBS Ltd
