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.

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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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