Established in 1996, Propel Finance is one of the UK’s largest independent business asset finance providers. Propel hold a 27-year track record in supporting over 45,000 SME businesses to finance new assets such as equipment & vehicles; and refinance existing assets to help customers realise their growth ambitions. They provide flexible solutions, products & service across the UK and employ over 200 staff.
Propel was recognised by the Asset Finance 50 (AF50) rankings in 2022 as the fastest-growing asset finance lender (92% year on year growth) in the UK. They have won multiple awards for innovation, technology and alternative finance. Their investment into technology provides sales teams with an industry leading digital journey and sales flow automation, in particular through the effective deployment of their innovative web app ‘Propeller’.
Propel has implemented landmark multi-year strategic partnerships with some of the largest corporate partners in the UK. They successfully launched a partnership with Barclays Bank in 2020 that extended across the bank’s network of 1,000 Business Banking Relationship Managers. Through that partnership, Propel have access to more than 1 million SMEs and have currently helped over 3,200 Barclays Business Banking customers complete over 4,750 transactions. In 2021, Propel added to their portfolio by launching a new partnership with Azets, a top 10 regional accountancy business which services more than 50,000 UK businesses. They formed another landmark strategic partnership in 2022, this time with Samsung Capital – enabling asset finance solutions to UK SMEs through Samsung’s extensive distribution channels.
Propel build long standing relationships with their customers, offering flexible & competitive finance terms; and key to this is their commitment to provide every customer with exceptional and personal assistance to ensure a great speed of service. They are small enough to care, deliver a brilliant service to their customers, and big enough to have the expertise & technology to be a leader in SME finance.
To find out how more on how Propel can boost your business, please call 01633 982922 or email contact@propelfinance.co.uk. For further information, visit www.propelfinance.co.uk
Finance is subject to status. Terms and Conditions Apply. Propel acts as a lender or a credit broker for business customers only.