BUS & COACH POLICY UPDATE
25 March 2025
We are pleased to announce we have reviewed our policy on bus and coach funding. We are now able to look at funding new bus and coach deals up to 7 years.
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
