Kingsley Asset Finance’s commercial underwriting allows them to help most organisations with their finance needs, whether they’re investing in new or older assets, trying to unlock equity in owned assets, or searching for a secured commercial or professional practice loan.
Kingsley Asset Finance was founded in 1995. It is a Chorley, Lancashire-based, privately owned independent financing company. They can make commercial choices rapidly because they are an independent financial provider and quickly release the money to their clients.
All offers are evaluated on their merits, and underwriters continuously look for methods to make the transaction go more smoothly. Learn more in this Kingsley Asset Finance review.
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Kingsley Asset Finance Overview
Kingsley Asset Finance is a well-known, reputable, and independent company based in Chorley, Lancashire. It was founded in 1995 to provide funding solutions to the corporate, professional, and SME industries in the United Kingdom.
They have a dependable team of industry veterans on their side. They offer financial solutions tailored to the demands of UK-based corporate, professional, and SME markets, with advances ranging from £3,000 to £300,000. For more than 20 years, their upbeat attitude and open-minded mentality have been critical for hundreds of enterprises.
They tackle business financing solutions with a flexible mindset. As an independent finance company, they have the freedom to explore a wide range of assets and industry sectors that other mainstream banks and finance houses could overlook. When you add in their excellent level of service and prompt response, they feel you’ll be glad you reached out to them.
Services Offered By Kingsley Asset Finance
Kingsley Asset Finance offers the following services:
Business Asset Finance – Hard Assets
Every company and organisation should thrive and flourish by investing in new assets or simply upgrading old plants, equipment, or vehicles. Kingsley Asset Finance works with companies in various industries, including construction, manufacturing, leisure, and the professions.
Over time, they’ve earned a reputation for approving a wide range of older and specialised equipment that other asset finance lenders are less willing to fund. As a broker, you know how difficult it may be for some businesses to obtain asset financing. It could be attributable to the industry, plant, equipment, vehicles’ age, or trading history. See Kingsley’s hard asset list below:
- Commercial vehicles (HGVs, LCVs, trailers)
- Manufacturing equipment (engineering, plastics, packaging, printing)
- Construction equipment (yellow plant, mobile cranes, ancillaries)
- Coaches, buses, minibuses, and motorhomes for commercial use
- Company and director’s cars
- Agricultural plant and machinery
Secured Commercial Loans
They created a Secure Loan product for the SME sector that may be used for any business purpose. However, it is only offered to businesses that have been in operation for at least three years and have a strong credit history. The following information is required:
- Completed proposal form
- The purpose of the loan
- The most recent statutory accounts
- Accounts of management
- Bank statements from the previous three months
- Statements of assets and liabilities
- Consent to conduct credit checks
- The property’s most recent KAFL valuation
- Mortgage statement that is up to date
Please be aware that all offers will be subject to personal guarantees. Since they cannot take tenants, guarantors must be homeowners.
Professional Practice Loans
Since 2005, Kingsley Asset Finance has been providing funding to the professional industry. They’ve created a fantastic solution that supports and protects cash flow in practices that are only available to first-class credit risks, such as accountants, solicitors, and other medical, dental, and veterinary offices. The following information is required:
- Completed proposal form
- The purpose of the loan
- The most recent statutory accounts
- If the statutory accounts are older than six months, management accounts are required (if available)
- Bank statements from the previous three months
- Statements of assets and liabilities
- Consent to conduct credit checks
Refinance
Refinance is a simple cash flow solution that allows firms to raise capital by using existing physical assets such as plants, machinery, and vehicles as collateral. This service is accessible to firms that have been in operation for at least three years and are creditworthy.
Refinancing has many advantages, including the following:
- Consolidate asset finance charges to lower monthly outgoings in some cases.
- Reintroduce working capital into the business to make current assets work.
- It is possible to manage cash flow better.
- The money raised can be utilised for various things, including making deposits on new assets, funding new products/projects, and expanding.
- Take into account assets that another company currently finances.
Kingsley Asset Finance Contact Details
For over 20 years, Kingsley Asset Finance’s positive approach and open-minded attitude have been critical for hundreds of enterprises. You’ll be glad you contacted them because of their high level of service and prompt response.
Pick up the phone and contact Sterling House if you want a quick response. Otherwise, please fill out their contact form, and their friendly service team will contact you.
- Contact Form: https://www.kingsleyassetfinance.co.uk/contact-us
- Head Office Address: 2 – 4 Mill Lane, Whittle-le-Woods, Chorley, Lancashire, PR6 7LX
- Phone: 01257 232224
- Fax: 01257 241368
- Email: [email protected]
Kingsley Asset Finance Reviews
Here are some customer reviews about Kingsley Asset Finance:
Funds were required quickly for clients who wanted to settle another finance agreement and raise additional funds for a new asset purchase. Great communication with the underwriter and quick turnaround from start to finish. –Angela
We are a brokerage and have just completed our first deal with Kingsley. From the first interaction right up to the conclusion, the process was quick, simple and faultless throughout, and every person we dealt with was helpful and courteous, making for a very pleasant experience indeed. I’m sure this will be the first of many deals, and we would have no hesitation at all in recommending this company. –Andrew
One of our longstanding business partners, very reliable and efficient. Would highly recommend. –Osman Zulfiqar
Summary
To end this Kingsley Asset Finance review, this company can be considered a safe pair of hands. They take pride in their business approach as a long-established independent asset finance company. They provide asset financing, refinancing, secured commercial loans, and loans for professional practices.
Full List Of Asset Finance Companies
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