Introducing Bridle Asset Finance and Lauren Sharples
We have recently set up a new division to be able to assist you with your other business finance needs: Bridle Asset Finance.
Lauren Sharples has joined us as Asset finance and Leasing Manager. Lauren has a wealth of knowledge in the Asset Finance industry across both the Agricultural and Commercial sectors. She has previously worked for well-established and reputable Asset Finance funders, Hitachi Capital Business Finance and ING Lease UK. Lauren has worked with a variety of different assets including construction, farming, golf & leisure, renewables, gym equipment, office and restaurant fit-outs and vehicles ranging from standard cars and vans to high-value and classic cars, to name but a few.
There is no asset Lauren can’t assist in arranging, flexible, low cost finance options for you and your business.
A firm of solicitors was expanding to the 2nd floor of their current building and required an office fit out to include IT equipment, office furniture and wall partitioning. The customer’s credit was good although required a good write up to explain some complex business organisation structures. Lauren’s understanding of the funders and their appetites both in terms of credit and asset enabled her to choose the best funding partner to finance the fit out at the best rate available for the customer. The credit facility was approved within 8 hours and as soon as the work was completed by the suppliers, the funder made immediate payment to settle the invoices.
An existing customer came to us to fund a used car on a Hire Purchase facility. He was finding the interest rates with the dealers extremely high. Due to the customer’s good credit, we were able to propose this to a Prime lender who approved the credit with a healthy final payment, and we were able to access low rates to secure a great deal for the customer beating the main dealers by 4% APR. Both the credit and the pay-out were approved within 24 hours leaving the customer free to go and collect the vehicle when he wanted.
A large quarrying business required a new excavator to expand their current fleet. We proposed the deal to a top tier lender and the finance was approved within 4 hours. Given the strong credit and good asset we were able to secure a competitive rate beating all other quotes that they had been provided with. Finance documents were then signed and sent in for payment to the supplier and the customer took delivery the next morning.