For our May meeting we had a 10 minute talk by member Tim Burling from Two Moors Finance all about Asset Finance. Tim has been a member for a few years & still has the first email that we sent him back in 2020!!!!
To share such information normally involves a conversation between a couple of people, however in this case he created a 26 way discussion which meant all were engaged & that way it avoided a regurgitation of 39 years of knowledge.
Whoever knew that asset finance was so interesting!!! Every customer is different, they are buying a broad range of assets that require to be funded in a way that is understandable & right for their business as well as the asset. He presented by way of an interactive quiz style where questions were posed & then answered with explanations making it suitable for all in whatever stage they are in their business journeys.
There are multiple options available to any business when looking to fund their latest purchase, the first challenge is to ascertain whether it qualifies for finance & the internet can be of a great help. However the best solution for most either involves a bank manager or someone like Tim, an Asset Finance broker. He worked for a bank before running his own business & he left the bank when he was being told that in the future we would engage with clients via IT which didn’t necessarily include the phone…
Tim sees all clients on a face to face basis & works with them to allow them access to funding solutions & he explains those in plain English & presents what they want to a bank to obtain finance, he earns a commission on that transaction which is paid by the bank/funder, never the client.
So when you or someone you know is looking to purchase some type of asset, a new car, a van, truck, fork lift, computer, tractor, digger, bread oven, cocktail bar, herd of cows, new factory, solar panels, in fact practically anything, please give Tim a thought & see what he can offer in terms of realising your dreams.
You can find Tim’s contact details on his member page here.
