Simply joins the Innovate Finance community

Simply Asset Finance (Simply) the forward thinking and flexible asset finance lender has announced that it has joined Innovate Finance, the independent industry body that represents and advances the global fintech community in the UK.

Simply was founded in April 2017 by a team of asset finance specialists to support local businesses, in response to the need for innovation and disruption in the sector. It offers an alternative financial model to the banks and looks beyond a balance sheet and credit rating.

The business has lent more than £750 million to over 5,400 small and medium businesses across a wide range of sectors including transport, construction, manufacturing, recycling, and agriculture. Simply has been ranked 31^st largest asset finance lender in the UK and in the top 50 fastest growing companies in Europe.

Commenting on joining the Innovate Finance community, Mike Randall CEO of Simply said:

“We are really pleased to become a member of Innovate Finance. The community that they have created range from seed stage start-ups to global financial institutions, with one goal to bring together and connect forward thinking market participants to ensure the UK is leading the global fintech community.

“At a time when small and medium sized businesses need more support than ever, it is our strong belief that lenders need to re-think their offering. Simply set out to break down barriers to allow entrepreneurs access the capital they need. A simplified and digitally enabled relationship with customers is the way forward. We call it technology with a handshake. To be part of the community that delivers the ideas and component parts that make this possible will help us reach further.”

ENDS

For further enquiries about Simply please contact:

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

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 £750 million to over  5,400 small and medium businesses across a wide range of sectors including transport, construction, manufacturing, recycling, and agriculture.