UK leasing market leader Lombard is making
good use of its sheer size at present, using its variety of
specialist divisions to lend across multiple asset types within
single customer relationships.
The giant RBS subsidiary seems keen to
position itself as a “one stop shop” for customers’ funding needs,
at a time when businesses are known to be seeking multiple sources
of asset finance from different specialist lenders.
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One recent deal saw law firm Brachers LLP
furnished with £135,000 (€165,000) of unspecified funding for
Professional Indemnity Insurance cover, plus hire purchase of a
telephone system through Lombard Technology Services, and fleet
management through Lombard Vehicle Management.
Other deals transacted recently include the
provision of a stocking finance facility and management system to
Helston Garages Group and a finance arrangement with a unique
security structure for retail kiosk provider Rapid Retail.
fred.crawley@vrlfinancialnews.com
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