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May 1, 2008updated 12 Apr 2017 4:49pm

State Securities tops £150m milestone

State Securities tops £150m milestone State Securities, the asset-finance subsidiary of Five Arrows Leasing Group, in recent weeks reached a milestone of £150m outstandings in the UK small to medium sized enterprise (SME) market

By Brian Rogerson

State Securities tops £150m milestone

State Securities, the asset-finance subsidiary of Five Arrows Leasing Group, in recent weeks reached a milestone of £150m outstandings in the UK small to medium sized enterprise (SME) market.

Andrew Bullard, sales director, said that since launch in 1980, when it employed only two staff, the company has grown to 79 employees with a head office in Southampton and four regional offices.

Also, two months ago the company completed its largest deal to date – a £4.8m funding for construction equipment.

Most of its business is sourced from brokers, and it boasts a one stop shop service that enables swift deal turnaround times.

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