have teamed-up to create a new asset finance business, T&L
Leasing Ltd.
profitable niche businesses that were closed because of the wider
group funding problems that existed,” said Phil Snewin, one of the
company’s founders and directors.
The Chester-based business, which specialises in funding
transport and logistics assets, has already secured a panel of 14
funders.
“We approached a number of European and Middle Eastern banks and
were genuinely surprised by their willingness to get involved and
help plug the gap in the market,” he added.
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The three-man team is made up of Phil Snewin, a 25-year BoS
veteran who was formerly head of transport and logistics at the
bank; Paul Lewis, formerly head of commercial vehicles at BoS; and
Darren Hallmark, who was also part of the transport team at BoS, as
senior national accounts manager.
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