SMEs look for competitive finance options to support growth in improving economy
Asset Advantage sees almost 50% increase in new business volumes
Asset Advantage announces a 48% increase in new business volumes to £34M for their financial year ending 30 September 2014.
Commenting on the increased volumes Managing Director, Jonathan Eddy, said: “We have invested heavily in our ability to write these volumes and I am greatly encouraged that we have a credit appetite that brokers are keen to use.”
Philip Knight, Credit & Risk Director, added: “We take both a forensic and a common sense approach to underwriting which has enabled us to not only get to deals other funders won't touch, but to also keep bad debt at a very low level. It's a win-win, which works for us and our introducer panel.”
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Media contacts
Hana Ballard - Hana@thebridgemarketing.co.uk | 07810 448319
Jonathan Eddy, Managing Director or Philip Knight, Credit & Risk Director | 01256 316200
Asset Advantage | Third Floor | Matrix House | Basing View | Basingstoke | Hampshire RG21 4DZ
Notes to Editors
Asset Advantage is an independent, privately owned, finance business established in 1995 specialising in providing finance of between £15,000 and £350,000 across a wide range of equipment for small and medium sized businesses throughout the UK. Find out more at http://www.assetadvantage.co.uk/
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