News
Latest news
and views
News
Propel Finance Recognised as the UK’s Fastest-Growing Asset Finance Company Over Three Years
Propel Finance has been recognised for the Fastest Sustained Growth by an Asset Finance Lender from 2021 to 2024, having grown by 344% since 2021. This coveted title was awarded by Asset Finance UK 50, the in-depth report based on audited and publicly available accounts and the latest filing data from Companies…
Propel Finance surpasses £500m loan book on its proprietary digital platform
Propel Finance, the UK’s fastest growing asset finance provider, is now managing more than £500m of lending to UK SMEs, originated through ‘Propeller’, its proprietary digital platform. As the fastest-growing asset finance provider in the UK, this milestone reflects the demand from UK businesses to finance investment in vital equipment.
Propel Finance appoints Mike Quinn as new Director of Technology Finance
Propel Finance, the UK’s fastest-growing asset finance lender, is pleased to announce the appointment of Mike Quinn as Director of Technology Finance – effective immediately. Mike will oversee Propel’s relationships with its technology equipment distributors and vendors to support their channel growth and finance propositions.
Propel Finance Celebrates Second Year as the UK’s Fastest-Growing Asset Finance Company
Propel has been ranked as the fastest-growing asset finance company in the UK for the second year running. This coveted title was awarded by Asset Finance UK 50, the in-depth report that provides valuable industry insights based on audited & publicly available accounts and the latest filing data from Companies House.
Propel partners with Samsung Capital in a landmark agreement, enabling SMEs to acquire new technology to boost growth
Propel, the fastest-growing asset finance company in the UK, is proud to announce it has formed a landmark strategic partnership with Samsung Capital.
Propel Finance completes its first private securitisation as part of a £500 million financing round
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.
Propel Finance appoints Jennifer Bodey as new Director of Compliance & Conduct Risk
Propel Finance, the leading UK independent asset finance
lender, has appointed Jennifer Bodey as its new Director of Compliance & Conduct Risk, effective immediately.
Sparking An EV Revolution
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…
Bus & Coach operators invest in assets to drive post-covid growth
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.