Business solutions provider WeDo Business Services has announced its latest expansion initiative, WeDo Asset Finance, according to a press release.
The new division will provide asset-based finance solutions to both established SMEs and start-ups across the UK, addressing market gaps in the current economic climate.
Led by industry veterans, WeDo Asset Finance will focus on providing hire purchase financing and finance leasing services to various sectors such as manufacturing, food processing, and transportation. The company aims to provide “flexible and customized financing solutions, recognizing the challenges faced by businesses in the current economic environment.”
WeDo Asset Finance, which is headquartered in Oldham, Greater Manchester, is set to expand its services nationally and has set a target of engaging with more than 200 customers within the next 12 months.
Rebecca Middleton, a financial professional with almost 30 years' experience, has been appointed Managing Director of WeDo Asset Finance. She Middleton has expertise having worked at Bibby Leasing, Davenham Asset Finance, Time Finance, Close Brothers, and her GE Capital.
Stuart Berry, who has over 25 years' experience in the asset finance industry, joins as Operations Director, while Emma Smith, who has 30 years' experience in asset and trade finance, takes over the role of Head of Sales Support.
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Rebecca Middleton highlighted the challenges that small businesses and start-ups face in accessing asset financing, particularly amid market uncertainty and global economic challenges. She highlighted the team's commitment to providing creative financing solutions tailored to companies' specific needs, with flexible packages designed to respond to fluctuations in business cycles.
WeDo Business Services was founded in 2019 by Mark Lindsay and Chris Robinson and has grown through both organic expansion and acquisitions. With more than 75 of his staff spread across multiple offices, the group provides services such as accounting, invoice and trade finance, start-up financing, human resources, back office and IT services.
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