Wednesday, March 18, 2015
Secure Trust Bank launches asset finance division
Secure Trust Bank plc (Secure Trust), has launched its asset finance arm as part of its business and commercial services.
Its asset finance arm will provide SMEs with a way to buy and refinance physical assets, including plant equipment, commercial vehicles and machinery, iincluding hire purchase, lease finance and refinancing.
Secure Trust has also appointed Haydock Finance as its authorised representative for hire purchase and lease solutions.
Steve Worrall, Managing Director at Haydock Finance, said: "While the partnership is mutually beneficial, it is completely unique in our industry and provides Secure Trust with proven systems and resource so that it can quickly establish a presence in the market. This will allow both companies to compete with stronger balance sheets and higher value assets, and we are very much looking forward to working together."
Its asset finance arm will provide SMEs with a way to buy and refinance physical assets, including plant equipment, commercial vehicles and machinery, iincluding hire purchase, lease finance and refinancing.
Secure Trust has also appointed Haydock Finance as its authorised representative for hire purchase and lease solutions.
Steve Worrall, Managing Director at Haydock Finance, said: "While the partnership is mutually beneficial, it is completely unique in our industry and provides Secure Trust with proven systems and resource so that it can quickly establish a presence in the market. This will allow both companies to compete with stronger balance sheets and higher value assets, and we are very much looking forward to working together."
In September Secure Trust launched its commercial finance business for small and medium enterprises (SMEs) in the UK, headed by John Bevan.
Paul Marston, managing director of Business and Commercial at Secure Trust Bank, said: "Our Business and Commercial division is now able to offer SMEs a full suite of solutions to achieve the funding their business needs to grow.
"The appointment of Haydock Finance as our authorised representative further strengthens our asset finance offering, and will be central in assisting us in building the business during the coming months."
Paul Marston, managing director of Business and Commercial at Secure Trust Bank, said: "Our Business and Commercial division is now able to offer SMEs a full suite of solutions to achieve the funding their business needs to grow.
"The appointment of Haydock Finance as our authorised representative further strengthens our asset finance offering, and will be central in assisting us in building the business during the coming months."
DATED: 18.03.15
FEED: LL
