Helping businesses every day

Welcome to Kingsley Asset Finance established in 1995, we are a privately owned independent finance company based in Chorley, Lancashire.

DEAL OF THE MONTH APRIL 2021

Posted in: Deal Of The Month | Posted on: 4 May 2021

Our latest Deal of the Month is a great example of our refinance/equity release product...
 

THE COMPANY

SECTOR: Recovery, breakdown & transport service company

Established family run business traded for 26 years based in the North West.

Whilst the business trading had slowed down during the height of the pandemic, with the easing of lockdown the business was returning to the normal trading levels they had enjoyed pre-covid.

To aid cashflow during the covid lockdown the business had taken out a CBILS loan and the repayments were now due.

Running a fleet of 10 recovery vehicles with newest models on finance and older models unencumbered.

Working with their broker they considered ways to consolidate their debt whilst potentially releasing some equity to further aid cashflow.

24hr-recovery

SOLUTION

The broker wanted a finance company that was commercially minded and had experience with refinancing business assets.

Kingsley Asset Finance have been assisting SMEs for over 25 years with asset finance & refinance and with our commercial approach the broker knew they were in capable hands.

Working quickly KAFL had all the recovery trucks valued. Taking into account the settlement figures for the trucks still on finance, KAFL were able to both settle the company’s existing finance agreements whilst releasing additional cash.

With just one easy monthly repayment the company could budget more effectively whilst the equity release gave them the additional headroom in their cashflow.

From receipt of the brokers proposal this deal was underwritten, finance documents raised and paid out within a week.

 

If you have a proposal you can send to us at newbusiness@kingsleyassetfinance.co.uk 

Helping businesses every day

Kingsley Asset Finance are...

Established

Recognised and respected as a leading asset finance provider

Established in 1995 in Chorley, Lancashire, Kingsley Asset Finance is an independent finance company offering funding solutions to the corporate, professional and SME markets in the UK.

Trusted

Reliable team of industry experienced professionals

We provide funding solutions designed to meet the needs of the corporate, professional and SME markets based in the UK, with advances from £3,000 to £300,000.

Our positive approach and open minded attitude has been vital for hundreds of businesses for over 20 years.

Independent

Flexible approach to business finance solutions

As an independent finance company we have the flexibility to consider a wide variety of assets and industry sectors that other mainstream banks and finance houses may not consider.

Combine this with our high level of service and quick response and we believe you will be pleased you contacted us.

Meet the team

A safe pair of hands

We have a team of professional and highly skilled people who have a genuine interest in each individual case; our expertise and specialist risk skills gives us our competitive edge.