UK Asset Funding Solutions Ltd

UK Asset Funding Solutions: asset finance broking from Coventry

UK Asset Funding Solutions Ltd, which trades as UK Asset Solutions, is an independent asset finance broker based in Coventry and operating across the United Kingdom. The company presents itself as a fast-growing broker with coverage concentrated in the Midlands and the Oxford area, and states that it has been operating for more than ten years. It was originally established in 2012 by former Bank of Scotland Associate Directors within Asset Finance, and its team draws on experience in banking and asset finance.

The firm describes its purpose as arranging finance facilities that allow companies to acquire new assets in support of business growth. It works with a portfolio of lenders and presents itself as a credit broker rather than a lender: it introduces clients to a panel of lenders and receives commission from the chosen lender, either as a fixed fee or a fixed percentage of the amount borrowed.

Financing facilities arranged

The range of funding facilities set out on the company's site covers both asset acquisition and broader business finance. The main lines listed are:

• Hire purchase
• Finance lease and operating lease
• Asset refinance
• Vehicle finance and company vehicles
• Contract hire
• Introducer finance
• Invoice finance, including factoring and invoice discounting
• Property finance and commercial mortgages
• Commercial loans and business finance

The site also mentions damage and breakdown cover for new and used machinery among the facilities it can provide.

Sectors and client profile

UK Asset Solutions states that it serves any industry and lists specific sectors in which it works: construction; manufacturing and engineering; transport; renewable energy; agriculture and farming; IT and technology; property; and waste and recycling. It also highlights company vehicles as a separate area. The company explains that it tailors solutions to each business, whether the objective is purchasing machinery to improve efficiency, acquiring equipment for new projects or adding vehicles to a fleet.

How the brokerage works

According to its own account, the broker's model rests on access to a wide range of lenders, which it says allows it to seek competitive solutions. It states that it handles all applications and paperwork on behalf of clients and that it offers bespoke solutions to fit requirements. The company also refers to exclusive access to preferential rates and to competitive rates, claims that form part of its commercial presentation.

UK Asset Funding Solutions Ltd states that it is regulated by the Financial Conduct Authority under registered number 735088 and that it is a member of the National Association of Commercial Finance Brokers (NACFB). The site also lists company number 08316726, data protection number Z3474460 and VAT number 155910311.

Client feedback and published material

The site includes a testimonial attributed to James Smith Estates, which describes a long working relationship with Mark at UK Asset Solutions and refers to vehicle finance, corporate buy-to-let mortgages and development finance. The company also displays a rating of "Excellent" without specifying in the available text which review platform produced it. Its insights section includes articles such as "5 Top Tips: Why use a finance broker?" and "Who are UK Asset Solutions?", both attributed to Sam Tyrer and dated May 2023.