Three former managers of landmark broker
Lease UK have completed their first nine months of business with a
newly-founded firm, Clear Asset Finance.
Steve Dexter, a former director with Lease
UK, Mark Haywood, former new business manager and
Steve Green, sales manager, formed the new broker in
collaboration with a fourth man, George Bevan, who also serves as
managing director for franking machine provider FP Mailing.
Go deeper with GlobalData
As well as sharing some operational
resources with FP Mailing, Clear started life with a vendor
agreement in place with the company, which has formed a core part
of its business.
While franking machines and other mailing
equipment assets formed an important early core for Clear’s
business, the company is also pursuing deals in the plant and
machinery sector, and is beginning to explore renewable energy
assets.
According to Dexter, the company has seen
the potential to transact plenty of single-digit million pound
deals in the renewable sector, with one potential deal being
examined bearing a ticket size of £80m.
With a staff of 10 and business volume just
shy of £1m per month, Clear expects to introduce more than £12m to
its 8-lender panel in 2012, excluding the value of any renewable
energy asset deals.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDatafred.crawley@vrlfinancialnews.com
