A new funder has crossed the Atlantic to enter
the UK leasing market, with an appetite for higher-risk,
broker-introduced business.
the UK leasing market, with an appetite for higher-risk,
broker-introduced business.
D&D Leasing, under the supervision of
managing director Bill Dost, began trading in the UK at the start
of February after 10 years of operation in Ontario, Canada, and
hopes to write between £5 – 10 million in its first year.
managing director Bill Dost, began trading in the UK at the start
of February after 10 years of operation in Ontario, Canada, and
hopes to write between £5 – 10 million in its first year.
“The UK has twice the population and three times the leasing
market that Canada has, and unlike the USA, it has one major
metropolitan area from which that market can be reached.”, said
Dost.
“Add to that a mature broker market, the familiar legal setup,
and the opportunities for moving into the EU, and you can see why
the UK was a natural choice for us”, he
explained.
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