Funding Solutions

We’d like to begin our first article of 2016 by wishing everyone a Happy New Year and a Successful and Prosperous 2016. But we’d also like to take this opportunity to look back on last year and to highlight just a few of the landmark events and successes that made 2015 a record-breaking year for Asset Finance Solutions.

  • Raising the bar for Asset Finance funding solutions

In 2015 AFS sourced almost £170 million of asset finance funding via our network of brokers and their SME clients. This figure was up by over £30 million on 2014. An increase of almost 25%.

  • Breaking the recruitment record

2015 was also a record year for franchisee recruitment with an impressive 15 new brokers signing up to bring our register up to 54 brokers now working with AFS.

Key events throughout 2015

2015 was a busy year for everyone at AFS as we pushed on to continue our previous record of successes. Here are a few of the key events.

January. Authorised by the FCA

The FCA granted us Principal status (one of the first organisations to achieve this) giving us responsibility for our franchisees who were now able to operate as Appointed Representatives authorised to provide funding solutions with full FCA legal compliance authority.

March. The launch of AFS Compliance

We launched two new companies: AFS Compliance and Dealer Compliance to provide asset finance brokers, plus dealers and traders offering finance facilities to their customers, with the opportunity to trade legally within the FCA Compliancy regulations without the effort and expense required in acquiring direct authorisation.

April. Investors in People

As an organisation that fully recognises its responsibilities to its staff as well as its clients and customers, we undertook the demanding process to become an accredited Investors in People company, which was awarded to us in April.

June. Annual Conference

Our biggest ever annual conference took place in Slough when 60+ AFS colleagues were enthralled by Geoff Ramm, an acclaimed public speaker on marketing and customer service followed by a rewarding night at Windsor races.

Summer. Recognised by our peers

Throughout the summer months we received news that we were to be shortlisted for the title of Broker of the Year and Innovator of the Year as part of the Leasing Life and Leasing World Awards Initiatives. Our Head Office Sales Coordinator, Debra Grimshaw was also shortlisted for the Next Generation Award.

September. Planning a new business venture

We were planning a new company that would be targeted at finance sales professionals already involved in the wider commercial finance broker market and also former corporate banking relationship managers who would like the freedom to work within the wider funding solutions provided by the broker market place. With our plans to launch Synergy Commercial Finance well advanced, our intention was to expand the AFS Group with three distinctive trading entities and brands:

Asset Finance Solutions

AFS Compliance

Synergy Commercial Finance

October. Success for Debra

We were delighted to receive the news that Debra Grimshaw, our Head Office Sales Coordinator had won the coveted Leasing World – Next Generation Award.

November. The launch of Synergy Commercial Finance

With our plans complete we unveiled our new company at the Finance Professional Show in London on the 4th November. Despite only being in existence for two months Synergy has already had a major impact and has established its presence within the broker market.

December. Another successful Expo

Our annual Meet the Funders Expo was held in Birmingham at the beginning of the month. With around 60 of our brokers and over 90 representatives from our international panel of funders it was a lively and rewarding social and networking event. An excellent way to round off a most successful year!

… and now for 2016.

If reading this calendar of events has triggered any questions, raised any issues that you would like to discuss or if you would like to know more about AFS, please do not hesitate to contact us, either by telephoning 01254 584 404 or you can send us a message by using the form on our Contact page.