Simply further commits to Scotland with first Scottish office in Eurocentral

• Simply bucks trend by opening first Scottish office to support Scottish SMEs
• Aids the Government’s crucial levelling up agenda
• Supports Scottish businesses, customers, brokers and dealers
• 6 strong team initially based at Eurocentral will help SMEs across a range of sectors including transport, construction, manufacturing, recycling and agriculture.

Simply Asset Finance (Simply) is a forward thinking and flexible asset finance lender that was established to provide SMEs with a better, faster, simpler and more efficient service, enhanced by industry leading technology. The business was established in April 2017 to support local SMEs across the UK. Whilst many other lenders are closing branches and offices, Simply are doing the exact opposite by opening their first Scottish office in Eurocentral.

Located between Glasgow and Edinburgh, Eurocentral is one of Scotland’s leading industrial and logistics hubs. This new Scottish office allows the Simply sales team to better service SMEs throughout Scotland by offering an alternative finance model that looks beyond a balance sheet and credit rating. This enables businesses to continue to grow and provides stability to them in turbulent times. Simply were also one of the first lenders to be accredited for government schemes to offer support to SMEs throughout the pandemic.

Their highly experienced sales team is made up of people with extensive knowledge of the industries they lend to. This means they understand the day-to-day challenges that businesses face and the dedicated support teams guide customers through the process, helping them every step of the way.  Simply has lent more than £700 million to over 4,700 small and medium businesses across a wide range of sectors including transport, construction, manufacturing, recycling and agriculture.

William Devine, Head of Scotland at Simply comments:

“I am delighted to open our first office in Scotland. It has always been my vision that when we pushed the button on a Scottish office, Eurocentral is the place it would be located. Geographically it makes perfect sense to establish a base in Scotland, to enable us to support the local sales team, customers, brokers and dealers. We believe this office is a significant statement of our intent to place ourselves at the heart of so much commercial activity and growth, and firmly enhances our regional presence for the Scottish SME sector.”

Mike Randall, Chief Executive Officer at Simply comments:

“The launch of this new office sends a strong signal about our commitment to Scotland, where we see significant opportunity. At Simply, we understand that there is no ‘one size fits all’ when it comes to finance options and the support available needs to be closely structured to each business’ specific needs. Having a regional office in Scotland will allow us to expand our reach and further support the wider SME community and ensure we are there for our customers when they need us.”

About Simply

Simply was founded in April 2017 by a team of asset finance specialists, in response to the need for innovation and disruption in the sector.  It offers an alternative financial model to banks and looks beyond a balance sheet and credit rating. Simply consider a customer’s potential and work with them to identify and implement the best solution to help them succeed. Their highly experienced sales team is made up of people with extensive knowledge of the industries they lend to. This means they understand the day-to-day challenges that businesses face and the dedicated support teams guide customers through the process, helping them every step of the way.

Simply has lent more than £700 million to over 4,700 small and medium businesses across a wide range of sectors including transport, construction, manufacturing, recycling and agriculture.

Contacts:

Louise Dolan

Partner

Camarco

020 3757 4982 / 07446 870025

louise.dolan@camarco.co.uk

Sean Palmer

Associate Partner

Camarco

020 989 5713 / 07591 760844

Sean.palmer@camarco.co.uk