NORMA GREENWOOD JOINS AS SENIOR UNDERWRITER
17 July 2024
We are pleased to welcome Norma Greenwood to the Kingsley Team as our Senior Underwriter.
Our credit experts understand the bus/coach operation industry, having gained a wealth of knowledge of the different specialist buses and coaches required to fulfil private, public, and school contracts.
What we fund
Over the years we have successfully funded a wide variety of both new and second-hand buses and coaches for SMEs. These businesses specialise in express coach services, local authority bus operators, sightseeing tours, rail services, local education school pickup services and specialist coach hire companies.
Kingsley Asset Finance also offers a refinance/capital release package for bus and coach operators. By using the company's existing unencumbered assets as security, cash can be released back into business. This can assist with deposits on additional buses and coaches, maintenance costs and upgrades to lower emissions - to name a few.
With enough equity in existing assets, live finance agreements on bus and coaches with other lenders can also be consolidated, reducing the monthly repayments and aiding cash flow, with the added potential of releasing further capital.
We have a range of finance products to suit bus and coach operator requirements with minimum deposits and up to 60-month repayment options - all at competitive rates.
Our processes
Our manual underwriting process is simple and straightforward with credit decisions given typically within a 24-hour period. Refinancing may take longer with more checks required on valuations, but we will keep you updated on the progress and our underwriters are available to talk to you directly.
We use electronic signatures and BACS payments to ensure quick payment to your suppliers and into your bank account.
