We are pleased to announce that LDF Group have been named ‘Best Asset Finance Lender’ at this year’s BC Awards, run by leading comparison site, Businesscomparison.com - the largest comparison site for UK SMEs.
The BC Awards are designed to celebrate the brightest and best product offerings available for UK SMEs. Their judging panel of industry experts, selected the banks, lenders and alternative providers, who clearly demonstrated continued excellence and innovation in the SME finance market.
Peter Alderson, LDF Managing Director commented, “As a business committed to providing simple, no fuss finance to small and medium sized UK businesses, we are exceptionally pleased to be recognised by the BC Awards as ‘Best Asset Finance Lender’, further cementing our status as a key SME lender. We understand the challenges small business owners still continue to face – often daily, in respect of access to finance. As a result, we continue to develop solutions to help overcome these, stepping in where often the banks cannot assist.”
FSB figures released in 2016 state that 99.3% of all private sector businesses are defined as small business, with 99.9% of these falling into the category of small or medium-sized (SMEs), making the need to provide this sector with simple and effective finance, increasingly important. LDF Group are one of the UKs largest independent providers of finance to SMEs, collectively providing over £380m in asset finance and short term loans to SMEs in 2016, with plans to develop and deliver an increasing level of funding to the sector in 2017.
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