Leading equipment finance company, Portman Asset Finance Ltd, has redoubled its commitment to Britain’s private sector following the withdrawal of ING Lease.
Alex Read, Managing Director of Portman, commented: “It’s my personal pledge to cut through the red tape and provide organisations in all sectors with the access to finance they need in order to sustain and grow their business. By assisting UK businesses – and we’ve provided funds to more than 2000 in the last 12 months – we also hope we are doing our bit to get the UK economy moving forward once again.”
Portman Asset Finance specialises in providing businesses with individually tailored finance packages and offers a full range of equipment leasing and financial solutions that offer many advantages over outright cash purchases. The customer negotiates the purchase price of the asset with their supplier and Portman arranges the right financial package. Quite often the facility is already in place, being part of a pre-arranged credit line.
Every customer of Portman Asset Finance has their own dedicated Account Manager. This means every application can be processed within hours not weeks. Their ‘can do’ approach to finance and, specifically, the warehouse and logistics industry, allows applications to be processed and given the best opportunity of success in the quickest possible time. Whether you are purchasing new / second hand equipment or raising working capital, Portman has a suitable financial product.
Portman Asset Finance has even expanded their product offering in these tough economic times. Not only financing the more traditional assets such as forklifts and commercial vehicles Portman Asset Finance are now happy to finance warehouse racking, software systems, conveyor systems, lighting and much more.
In response to the withdrawal of ING Leasing and the current stagnant position of high street lending Rory Dunn, Sales Director of Portman, commented: “Any return to previous lending from the high street will be wrapped up in new legislation and red tape making borrowing difficult for the foreseeable future. With the facilities available from private finance companies like Portman Asset Finance growing month on month, all the funding required by SME’s is still available. The commercial lending system, backed more heavily by the likes of Portman Asset Finance will become a more flexible, faster moving sector, capable of shifting to meet the needs of its customers.”
Portman Asset Finance Ltd
Rory Dunn, Sales Director
Tel: 0844 800 88 25
Comments are closed.