ANOTHER RECORD BREAKING MONTH
8 October 2024
September saw Kingsley Asset Finance breaking our own records, with our biggest month of new business funded EVER!
Case Study - LUV Asset Finance
A new start business was introduced to us by one of supporting brokers. The business was based in Lancashire and its principle activity was that of a self-storage unit.
Our Solution
Whilst KAFL would not normally consider a new start up, on further discussions we established that the sole director was indeed a successful business man with an impressive personal net worth.
Taking a commercial stance we could see there was merit in the deal and agreed a facility of £25k over 2 years to include a Personal Guarantee from the Director for racking and mezzanine flooring.
What they said
"Prior to setting up Luv Asset Finance I had come across KAFL in the market and heard some positive comments. When I was approached by their Head of Sales it was without hesitation I invited them to join our panel of funders. As our business grows & develops it’s good to have a Tier 2 funder that can think outside the box on tricky credits that the Tier 1 funders do not have the appetite for."
Richard Fothergill / Director
