Commercial News

Fiducia Group launches new asset finance division

Rozi Jones -
|
26th March 2020
Marcus Grimshaw, CEO of Fiducia Group
"We are going to challenge the way the asset finance sector does business. For too long, clients have been kept in the dark about the costs and fees they are paying."

Fiducia Group has launched a new asset finance division offering bespoke funding solutions to support businesses with their cashflow issues.

Fiducia Asset Finance provides access to a range of finance options, along with fast turnaround times of as little as three days.

The division will work with brokers who have business clients that need the type of specialist advice that they cannot provide themselves.

The new division will enable clients to access cashflow finance, asset finance, invoice finance and stock purchase.

Fiducia Asset Finance will put together a bespoke funding package that includes one or more of these elements to achieve a solution that meets the individual needs of each business.

Fiducia Asset Finance also offers full transparency to ensure clients are fully aware of the full cost of advice.

Unlike the rest of the financial services arena, the asset finance sector does not need to disclose brokerage fees and it is not unusual for these to be as high as 10% of the loan amount. Fiducia Asset Finance are offering a fixed, fully disclosed, broker fee to ensure the client is fully aware of the true cost of the advice given.

Marcus Grimshaw, CEO of Fiducia Group, said: “We are going to challenge the way the asset finance sector does business. For too long, clients have been kept in the dark about the costs and fees they are paying.

“We will give businesses fast access to a wide range of funding solutions – and we will be completely transparent about our charges and any other fees.”

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