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Shawbrook buys SME lender

by admin
29 March 2012
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Shawbrook Bank has acquired Singers Asset Finance.

The move is designed to help Shawbrook expand its secured lending offer to small and medium size enterprises (SMEs).

Singers Asset Finance provides hire purchase and leasing to UK SMEs and the healthcare sector. It will retain its name and brand as part of the acquisition, which took place on 22 March.

Shawbrook will continue to distribute all its lending products through intermediaries, while Singers distributes its lending products through brokers and via its own teams.

Stephen Johnson, new business director at Shawbrook Bank, said: :The acquisition of Singers is a really exciting step in Shawbrook’s evolution. It means we can offer a wider range of asset-based lending to credit-worthy SMEs looking for a bank that can act quickly and efficiently when a loan is needed.

“Brokers and intermediaries will continue to be a lynchpin in Shawbrook’s business

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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