In 2022, Dawsongroup finance (DGF) took the next step in its journey to be the market leader for supply chain asset finance, with the ambition of completing the transition from a broker positioned business to a finance company lending its own money. Last year saw 75% of all deals underwritten and funded in house on their own book, with an existing portfolio of £150m.
With over 25 years in the asset finance sector DGF are well known in the supply chain world as part of the wider Dawsongroup. This major expansion in own book lending allows DGF to benefit from a vast pool of supply chain knowledge afforded through their 900 professional colleagues across Dawsongroup. They can offer market beating terms for assets such as trucks, trailers and vans, capitalising on their ability to agree residual values on large volumes of assets.
“This gives our business a huge competitive edge in the asset finance market” said Richard Patient, Head of Sales “This expertise absolutely underpins how we transact business, and no other funder can access the breadth of high quality information from an industry leading specialist in the way we can. Combining this with our deep-rooted customer-focused culture enables DGF to provide our customers and introducers with outstanding service levels.’’
In line with Dawsongroup’s Smarter Asset Strategy, DGF works across multiple sectors, and are supporting their rapid growth with continued investment to expand their existing team. Kevin Wills, DGF’s Managing Director said ‘’We know customers and introducers need to move ever more quickly and with certainty, we ensure that we have the right people to make this happen. New proposals are answered in less than one working day. Deals up to £20m do not take much longer – the last one at this level took just 48 hours. The feedback we receive regarding our service is excellent.’’
As the economic landscape continues to change, Dawsongroup finance is making waves in the asset finance world with its unique positioning, scale, history, and knowledge.
To find out more about asset funding options, Dawsongroup’s Smarter Asset Strategy, or employment opportunities, contact Dawsongroup finance at info@dawsongroupfinance.co.uk or visit dawsongroupfinance.co.uk.