Making allies in business, collaborating, working in synergy. In our eyes, it is the only way to strive to be more proactive, forward-thinking, and innovative in today’s sometimes brutal corporate environment. Together we are stronger, which is why, a few months ago, Victor Finance entered into talks with a fellow asset finance business – East Yorkshire Asset Finance.
As a family-owned business, taking root in the Humber region in 1979, Victor Finance has grown into one of the leading independent asset finance brokers in the UK, with more than 100 years of experience in the commercial finance sector.
Over our century, we’ve seen asset finance companies come and go, but around 20 years ago East Yorkshire Asset Finance was founded, and things changed. As two businesses we grew together and evolved an excellent working relationship. With core values and a customer ethos that mirrored one another, we formed an unspoken alliance.
Following the recent and untimely loss of Ian Jackson, founder of East Yorkshire Asset Finance, those initial talks were reignited and working with Ian’s wife Rachel, life was breathed into our unfinished plan, and the finer details of a more formal partnership agreed upon.
Since its fruition, East Yorkshire Asset Finance has provided exemplary advice and service to its customers. Ian and the team worked hard to establish good relationships with customers when assisting in the acquisition of various assets. Ever the consummate professional, going above and beyond to ensure that the service he provided was second to none, and so much of what Ian and the East Yorkshire Asset Finance team stood for rings true in our values.
Because of Ian’s unwavering reputation, this business decision is one we didn’t question. As the merging of East Yorkshire Asset Finance with our own family-owned and run operation continues over the coming weeks, the Victor Finance team will be looking to uphold and surpass the high bar and invaluable service, Ian and East Yorkshire Asset Finance committed to clients.
Rachel Jackson, Ian’s wife said: “In the last year prior to his death, and with a young family, Ian was contemplating scaling back on his solo work commitments and looking to restructure the business in order to re-evaluate the work/life balance. In order to do this whilst still maintaining his renowned level of customer service, Ian had entered into talks with a friend and fellow broker who shared the same ethics. Unfortunately, due to the untimely passing of Ian, these plans never fully came to fruition. But, in order to carry on providing the level of service that you would expect from the business, I have revisited the discussions that Ian was having and can now say East Yorkshire Asset Finance will join the Victor Finance group.”
With Rachel supporting us and Ian’s clients through this transitional period, we are taking the time to ensure this new addition to our Group is handled sensitively yet efficiently. Ensuring each and every client’s needs are met, and all questions answered will be the first order of business, as East Yorkshire Asset Finance well and truly comes into the Victor Finance fold.
About Victor Finance
As a family-owned business, several core values that were set out on day one of business, still ring true at Victor Finance:
- You deal directly with your main contact from the start to the finish of a deal.
- They are always on the end of the phone for any questions or advice you might need.
- Our aim is to make sure we can create a deal that works for you.
- They are here for the good times and the bad.
- They are always finding the best rates in the market.
Not only do our team deliver excellent customer service but they also hold an enviable reputation with the industry trade body NACFB (National Association of Commercial Finance Brokers) as well as the funders that they work with.
As well as asset finance services, Victor Finance can also clients assist with a range of other commercial finance provisions, such as, but not limited to:
- Refinance and sale/HP back
- VAT funding and tax loans
- Invoice discounting
- Commercial mortgages, development and bridging loans
In addition, the Victor Finance team also manages its own book of lending providing an additional solution that most of the industry is unable to do. We offer the full range of finance deals, however, because we do our own underwriting, we can also create additional opportunities that no one else is able to.
The team understands how important cash flow is and knows that cash flow loans are not something to run away from or charge an excessive rate for. At Victor Finance we look at the strength of the person as well as the financials of their company. Experience and good planning are still values we consider highly.
If you have any further questions or would like to chat with one of the Victor Finance team, get in touch with Jonathan Beighton:
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