Amicus Asset Finance secures additional funding

Amicus Asset Finance Group Limited has announced that it has gained additional support commitments from its senior debt providers to enable the growth of its loan book to over £50m in the next 12 months

Section: Products

The announcement comes after Amicus Asset Finance Group Limited – formerly Norton Folgate Capital Group – entered back into private ownership.

The lender provides asset finance through hire purchase and leasing as well as secured business loans, and is supported by bankers and senior debt providers along with its active introducer network.

Robert Keep, managing director at Amicus Asset Finance Group Limited, said the additional funding further reinforced its commitment to the asset finance and business loan market.

“We look forward to a great year in 2019 with committed funding allowing us to support our SME customers.

“We have [a] strong appetite to write transactions with SMEs in the value range of £50,000 to £2m.”

Keywords: Amicus Asset Finance, Norton Folgate, Robert Keep, specialist lending, specialist finance, commercial finance, asset finance, asset finance provider, alternative lending, commercial finance brokers, asset finance brokers, Amicus PLC

Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/amicus-asset-finance-secures-additional-funding