Asset finance provider Solutions Asset Finance (SAF) has achieved £300m (€345m) in assets financed since its launch 10 years ago.
The Cheshire-based funder focuses on supplying assets to the NHS, the public sector, green technologies and modular buildings.
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SAF’s individual transactions have ranged from £25,000 to over £10m, and the company also provides sales support to its supplier clients. The service has been packaged into a product called ‘Mind the Gap’ which will launch this month.
Steve Bowers, founder and managing director of SAF, said: “Within the public sector, we have completed transactions with over half of the UK’s NHS Trusts. In the private sector, we work closely with a large number of corporate clients with whom we have written substantial volumes of business.
Bowers said that SAF expected growth over the next 12 months as the ‘Mind the Gap’ programme was rolled out, highlighting the new markets of modular housing and commercial battery storage, part of its renewable energy offering.
Bowers added: “Over the next 12 months we expect to see the substantial growth in our core markets via the introduction of our Mind the Gap product in two new markets – modular housing and commercial battery storage.
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By GlobalData“We have grown significantly during the past 10 years, and this year will see us explore some new key markets and provide further significant growth.”
