The Consumer Credit industry has to improve.

The Financial Conduct Authority sent out a stark message to the consumer credit market on Friday that the sector has to improve its practices and raise standards.

Speaking at the FCA’s inaugural annual meeting in London, chief executive Martin Wheatley said that the sector had to improve standards.

“We want to see continual improvement in standards not just in lending […]

By |July 19th, 2014|Asset Finance Solutions' Stories, General Finance|Comments Off on The Consumer Credit industry has to improve.

Asset Finance Solutions Discuss Regulation with the Finance and Leasing Association

Today Nick Simpson (Managing Director) and Mike Geddes (Commercial Director) of Asset Finance Solutions presented to the Finance and Leasing Association at their offices in London regarding AFS’s regulation “Journey”.

It was significant recognition from our perspective that the industries leading trade body asked us to share our experience of regulation and explain the measures we have taken to meet the […]

By |July 17th, 2014|Asset Finance Solutions' Stories|Comments Off on Asset Finance Solutions Discuss Regulation with the Finance and Leasing Association

Training & Competence

 There are two sections in the training and competence sourcebook within the Financial Conduct Authority (FCA) handbook. The first section (TC1) contains the commitments, which state that it is a firm’s responsibility to ensure that individuals

1. Are (and remain) competent for the work they do

2. Are appropriately supervised

3. Have their competence regularly reviewed

4. Have a […]

By |July 11th, 2014|Asset Finance Solutions' Stories|Comments Off on Training & Competence

AFS at the NACFB EXPO and the BVRLA / FCA Compliance Seminar

NACFB EXPO

Wednesday 25th June saw AFS exhibiting at the NACFB EXPO for the 5th year. Another great show and an opportunity to catch up with ex-colleagues, but also meet some potential new ones.

It was an incredibly busy day for us, with arguably more people than we have experienced in the previous 5 years, our visitors this year wanted to discuss a multitude of […]

By |June 27th, 2014|Asset Finance Solutions' Stories, General Finance|Comments Off on AFS at the NACFB EXPO and the BVRLA / FCA Compliance Seminar

Asset Finance Solutions helping to fund UK SME’s

Asset finance Solutions is one of the UK’s leading asset finance brokers and why ?,  because we deliver funding for UK businesses.

Over the last 3 months we have completed over 1,000 asset finance transactions via our panel of funding partners totalling over £40m worth of business. That is £40m of new assets for UK […]

By |June 21st, 2014|Asset Finance Solutions' Stories, Uncategorized|Comments Off on Asset Finance Solutions helping to fund UK SME’s

Some big names join the team

Asset Finance Solutions are pleased to announce several new brokers who have made the decision to join our network.

Davies Finance, Beechwood Finance, First Finance and Pro-Asset Finance have become the latest names to see the benefit of being part of the network. All are well established brokerages placing around £50m of business a year between […]

By |June 19th, 2014|Asset Finance Solutions' Stories, Uncategorized|Comments Off on Some big names join the team

Join a winning team

“I don’t want to lose my independence”

“Why should I give away part of my commission ?”

“I don’t want targets or loads of paperwork to fill in”

“I don’t want to lose the relationship I have built up with the funders”

By |June 19th, 2014|Asset Finance Solutions' Stories|Comments Off on Join a winning team

Asset Finance Solutions at the NACFB EXPO

For the last 5 years Asset Finance Solutions has been the only Asset Finance brokerage to exhibit at the NACFB EXPO at the NEC. We are pleased to announced that we will once again be at the exhibition on the 25th June, this year on stand G05 alongside many of our major funding partners.

This year is a […]

By |June 19th, 2014|Asset Finance Solutions' Stories|Comments Off on Asset Finance Solutions at the NACFB EXPO

18 months in the planning; Emma Marsden – Compliance Officer

Just over 18 months ago we informed the market that we had appointed a Compliance Officer and to be honest the response from many of our peers was shock: “why do you need a compliance officer?”. Emma Marsden our Compliance Offcier is an industry specialist who has spent much of her career providing customers with funding solutions, both working for funders and as […]

By |May 20th, 2014|Asset Finance Solutions' Stories|Comments Off on 18 months in the planning; Emma Marsden – Compliance Officer

Asset Finance Solutions joins forces with Endurance wind turbines

Asset Finance Solutions (AFS) are proud to announce that they have signed an agreement with Endurance Wind Power that will see AFS provide an asset-backed financing option for farmers buying Endurance turbines.

The financing vehicle is the first of its kind for wind turbines in the UK and Endurance said it will “help the hundreds of would-be owners who […]

By |November 12th, 2013|Asset Finance Solutions' Stories, Uncategorized|Comments Off on Asset Finance Solutions joins forces with Endurance wind turbines