The latest news and industry views from Kingsley Asset Finance

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The latest news and industry views from Kingsley Asset Finance


Posted in: Deal Of The Month | Posted on: 8 September 2021

August was another good month for new business at Kingsley Asset Finance with over £1 Million of hard assets funded for SME’s.
Hard assets varied from a used Case excavator, for a construction business, to a Range Rover Vogue for a director of a logistics company.
To highlight our speed of service we wanted to share a deal we transacted in just 6 working days, from receipt of proposal to pay out!


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The proposal was from one of supporting brokers who knows his client well. This was an established hire crane business looking to fund a mobile crane required for immediate hire, advance of £111k
We had to act quickly!

Key stages:
2/8/21                       Proposal received
3/8/21                       Valuation obtained
                                   Full credit acceptance issued
4/8/21                       Documents emailed to broker
5/8/21                       Signed documents received from broker
9/8/21                       Tracker fitted
                                   Deal paid out


The broker was delighted with our speed and efficiency and had this to say on Trustpilot:

"Funds required quickly for client who wanted to settle another finance agreement and raise additional funds for a new asset purchase. Great communication with the underwriter and quick turnaround from start to finish."


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