Propel Finance, the fastest growing asset finance lender in the UK, today announces its first private securitisation, as part of a new c. £500 million financing round.
Author Archives: Mike Dodd
In 2022, the UK electric car market is set to increase its growth trajectory still further, following an impressive year that has seen plug-in car sales soar to over 300,000 units. According to the Society of Motor Manufacturers and Traders (SMMT), more battery electric vehicles (BEVs) were registered in 2021 than in the previous 5 years combined!
Propel has released a landmark study revealing the financial outlook among bus & coach operators post-pandemic; and indicates the key investments that they planned for 2021/22 and how they intended to finance them.
Our 12 Deals of Christmas video animation provides a fun and festive reminder of the types of assets we can finance at Propel. However, there is one thing that our team takes very seriously indeed and that is providing the certainty of fast and flexible asset finance to our customers and partners.
In 2019, the leadership team saw an opportunity to create a differentiated integrated brand, service and technology proposition. A bold, purposeful and distinctive new brand was born, ‘Propel’. We haven’t looked back.
When I walk into many organisations for the first time, one fundamental issue typically stands out – and that is the extent of the alignment (or otherwise) of the Sales and Marketing teams.
Propel has released a landmark study revealing the financial outlook among farmers post-pandemic; and indicates the key investments that farmers are planning and how they intend to finance them.
Propel’s distinctive human-digital approach is more than a market differentiator; it is an enabler for thousands of businesses looking to recover and grow. While the power of digitisation has dramatically accelerated the deployment of disruptive technologies across the entire business landscape, creating and maintaining meaningful human connections has also proved critical.
Brands are guided by values and beliefs that make a difference in people’s lives. Our Propel Promise, to be “small enough to care and deliver a brilliant personal service to our customers and big enough to have the expertise and technology to be a leader in SME finance”, is a commitment to all our existing and future customers. It is a compass that won’t deflect us from our course each time the market shifts or the wind blows.
As the UK hosts COP26, the eyes of the world are on global heads of state as they chart the course of future international climate collaboration and action. Countries are being asked to come forward with ambitious 2030 emissions reductions targets that align with reaching net zero by 2050. Alok Sharma’s clear objectives for the UK Presidency include accelerating electric vehicle roll out and unleashing the trillions in private and public finance to meet global net zero.