STAR forecasts another year of growth and expansion

News

The Star Asset Finance group (SAFL) is anticipating a strong year ahead and looking to further grow its workforce across the UK, it was announced today.

SAFL is the parent company to UK asset finance firms Ignition Credit, Kennet Equipment Leasing, First Capital Finance and Credo Holdings Ltd, who together financed more than £200m for thousands of SME’s across the country in 2017.

This year, the group has forecast the financing of £241m in new business finance, £84m of which will be Own Book funded, and is on course for £128m of receivables.

The group was formed in 2014 to consolidate the fragmented lease finance broker market, and has since grown considerably, both organically and through a series of acquisitions.  It currently employs more than 150 members of staff across the country, and is looking to attract several additional members to its team, predominantly in key Sales and Sales Administration roles.

Steve Swift, CEO of SAFL, commented:

“Since the Star group formed in 2014, we have enjoyed significant growth and expansion with some key acquisitions, most recently welcoming Credo in July last year.  Each of our businesses has an excellent track record in sales and customer service, which we have been able to build on as a team.  Together, thanks to our nationwide coverage, we can see further growth potential in supporting SMEs across the whole of the UK.

“We’re keen to attract the right personnel to our team, and are welcoming applications from any finance and sales professionals who wants to join in our success story,” he adds.