The asset finance funder saw a 62% increase in funding provided to SMEs to facilitate consolidation or growth, as well as a rise of more than a third in hire purchase finance.
- Praetura Asset Finance acquires Kingsway Finance
- Proplend to recruit regional BDMs in bid to double loan book
- How to build a successful funding relationship from the start
Other highlights include:
- more than doubling the number of deals going live for SMEs in the South of England
- a rise of 68% in funding provided to companies in the Midlands
- an increase of 63% in funding provided to companies in the North of England
Praetura Asset Finance has also made two new appointments, with Gabriella Dandy joining as the company’s new financial controller, and Kristina Bradley taking on the newly created business analyst role.
Mike Hartley, managing director at Praetura Asset Finance (pictured above), said: “These are exciting times at Praetura Asset Finance, we’re continuing to go from strength to strength and what we’ve seen in the first quarter of this year is surely a sign of things to come.”
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