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March 26, 2014

Letter to the editor: Let’s all try working together for UK plc

Richard Hemsley of Lombard responds to observations about his company in a wheeled assets round table

By Verdict Staff

Richard Hemsley of Lombard responds to observations about his company in a wheeled assets round table

Dear Editor,

I read with interest your article on the Round Table discussion on wheeled assets in Leasing Life’s November 2013 issue.

While Lombard is flattered that our competitors spent time discussing our policies, we believe strongly that it is better use of time for members of the asset finance industry to work together to support the growth of UK plc.

There remains a low level of awareness of asset finance within the SME sector so it is vital that we work closely with individual industries and their trade bodies to educate them on what asset finance is, the benefits it has to offer and on how it can help their businesses to grow in line with improving economic conditions.

As you are aware, Lombard remained committed to working with businesses of all sizes throughout the economic downturn, and has continued to place a lot of emphasis on promoting the important role that asset finance plays in supporting growth, and the benefits that we, as funding providers, can offer UK businesses.

As the UK’s largest funding provider, Lombard is about much more than wheeled assets.

We offer specialist support to not only the manufacturing, agriculture and technology sectors, but many others too, and we have local teams based across the UK to deliver high-quality customer support.

We use our time to understand our customers’ needs so that we can deliver the best individual solutions in order to support our customers’ goals.

We should all be focusing our energy towards delivering customer solutions, not debating what the competition is doing or not doing.

By working collaboratively, we’ll not only contribute to the wider UK recovery, but the industry as a whole will benefit from the success of our customers’ growth.

Richard Hemsleymanaging director, Lombard


Leasing Life welcomes responses to any news story, feature article, and comment piece as well as unsolicited correspondence on any issue affecting the European leasing and asset finance industry.

Please write to Grant Collinson, editor, at grant.collinson@leasinglife.com

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