D&D Leasing’s professions loan funding facility has expanded to allow for transactions up to £75,000.
D&D Leasing previously announced a facility with R. Raphael & Sons Plc. for £20m last year.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Managing director Bill Dost said, ""This increase, which takes us from £50,000 to £75,000 is a full fifty percent increase in our ticket size for professions. It’s our expectation that this will serve a great number of our clientele and will meet their needs where the bank establishment continually has proven unwilling to."
"We are especially excited to say that we expect more such announcements in the future as our relationship with Raphaels bank grows closer."I’m extremely pleased that we’re now able to fund professions up to this level. It shows not just our commitment to the sector but our belief that small business and professions really are the back bone of the economy.
D&D Leasing’s focus is on business with under £5m in turnover, with average ticket sizes ranging between £15,000-£35,000 and a maximum of £50,000 for asset finance.
