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Simply Asset Finance today announces the agreement of a second tranche of its asset finance facility from the British Business Bank, that will enable the asset finance provider to significantly expand its lending to small and medium-sized businesses across the UK.

Simply Asset Finance has obtained authorisation from the Financial Conduct Authority (FCA) to conduct regulated business.

Almost two thirds (63{aec5d83e1395d53efd64ecf053f8b6e6a27dd75d47ec3f01fb6ab033ae673334}) of small firms successfully applying for credit are being offered interest rates of over 4{aec5d83e1395d53efd64ecf053f8b6e6a27dd75d47ec3f01fb6ab033ae673334},” FSB also noted. The group estimates that 79{aec5d83e1395d53efd64ecf053f8b6e6a27dd75d47ec3f01fb6ab033ae673334} of small businesses that are applying for financing are pursuing traditional

Simply Asset Finance is excited to announce that it will be exhibiting at the UK’s premier event for quarrying, construction and recycling – Hillhead 2018.

Simply Asset Finance, a new lender to the SME market, today announced that it has received a £20m block discounting package from Aldermore, the specialist bank.

We are excited to be exhibiting at the UK’s premier event for manufacturing – MACH 2018 – for the first time. Organised by the MTA, MACH is the ultimate showcase for the latest products and developments in the advanced manufacturing and engineering sectors.

British Business Bank agrees new facility with Simply Asset Finance that will provide more than £60m of funding to UK small and medium size businesses.

The winter months can be a trying time for any business. Prolonged holidays, reduced productivity and limited sales opportunities can all contribute to restricted cash flow.