Dealer Net Finance, an asset finance brokerage company based in the north-east, has said its total financing of UK businesses was over £10m in 2019.

The company has arranged bespoke financing across a range of sectors including agriculture, forestry, engineering and manufacturing, haulage and renewables since it was launched in 2006.

On its webpage, the company said it works with a portfolio of 10 major finance houses and is a UK-wide provider of funding rates on finance agreements on assets including vehicles, machinery and equipment.

In 2019 Dealer Net Finance also saw a vast sale increase on business loans products, giving clients access to key funds to help buy stock, put up new buildings and cover bills for items such as VAT and repairs.

Managing director, Howard Musgrave (pictured), said: “We have worked hand-in-hand with our clients throughout the year to help them access financial plans that fit around and work for their business.

“Supplying traditional finance products such as hire purchase and lease agreements we have helped businesses up and down the country make key equipment purchases to move their businesses on, while our business loan offering has been a real boost to our clients, helping them diversify into new areas and helping them to move their business on.”

He added: “Since rebranding and taking on new staff members in 2018, business is continuing to go from strength to strength, growing at a steady rate and we look forward to working hard again through 2020 to help our clients throughout the country continue to grow.”