Simply Asset Finance Surges Past £50 Million in Funding in Liverpool: A Beacon for SMEs in the North West
Simply Asset Finance has made waves in the financial landscape of Liverpool, announcing a remarkable milestone of £50 million in funding since launching its office in 2023. This achievement marks a significant stride in their commitment to the growth and success of small and medium-sized enterprises (SMEs) in the North West region.
Unprecedented Growth Metrics
In the first quarter of 2025, Simply Asset Finance’s Liverpool team reported a staggering 127% increase in origination volumes compared to the same period in 2024. This impressive growth reflects not just a rising demand for tailored financial solutions, but also signifies the effective execution of their regional strategy focused on sustained support for local businesses. The number of clients served has also seen a robust increase, with a 38% year-on-year growth that underscores their dedication to fostering local economic development.
Supporting Diverse Sectors
The demand for funding has notably surged in various sectors, particularly light commercial vehicles (LCVs), transport, construction, and manufacturing. These industries are pivotal to the local economy, and Simply Asset Finance’s tailored financial solutions are significantly aiding their growth trajectory. By addressing the unique financial needs of each sector, Simply AF is not just providing funds but is also nurturing the very fabric of the regional economy.
A Growing Team with a Vision
The Liverpool office has expanded its team from four to nine members and is actively seeking to increase this number to over 20 as part of its strategy to support rising operational demands. This growth is accompanied by a commitment to investing in talent development; Simply Asset Finance has relocated its offices three times to accommodate this expansion, signaling their proactive approach to meeting the needs of their growing client base.
Commitment to Development: Graduate Training & Networking
The firm recognizes that nurturing talent is crucial for sustainable growth. Their initiatives include a graduate training program, participation in university career fairs, and engagement with the Leasing Foundation’s Next Generation Network. To date, four trainees have successfully transitioned into roles within sales, supervisory, and management capacities, showcasing the company’s commitment to long-term career development and community engagement.
Leadership Insights
John Wiles, Managing Director at Simply Asset Finance, expressed pride in the team’s achievements: “The growth we’ve achieved reflects the strong demand for tailored financial solutions in this region.” He emphasized how Liverpool’s talent pool and entrepreneurial spirit align perfectly with Simply’s mission to provide the necessary financial support for businesses to flourish.
Adding to this sentiment, Mike Randall, CEO of Simply Asset Finance, remarked on the impressive momentum being generated by the Liverpool team: “Our ongoing commitment is to extend tailored finance to those who need it most, regardless of their location.” This leadership philosophy reinforces Simply’s focus on connecting with local communities and bettering the economic landscape.
At Extreme Investor Network, we believe that the flourishing financial support for SMEs in regions like Liverpool is critical not just for local businesses but for the overall UK economy. As we continue to monitor these developments, we encourage our readers to stay informed about the evolving landscape of asset finance, as it holds significant implications for business growth and sustainability.
The information provided is for general informational purposes only and should not be construed as professional advice. Always seek the guidance of qualified professionals before making any financial decisions.