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Peterlee finance brokerage helps businesses access over £10m of funding

Jan 21, 2020 | Business

A north-east asset finance brokerage has helped businesses throughout the UK gain access to over £10m in funding throughout 2019.

Peterlee-based Dealer Net Finance has arranged bespoke financial plans for businesses in a wide range of sectors including agriculture, forestry, engineering and manufacturing, haulage and renewables.

Working with a portfolio of 10 major finance houses Dealer Net Finance, help clients throughout the UK secure great funding rates on finance agreements on assets such as vehicles, machinery and equipment.

In 2019 Dealer Net Finance also saw a vast sale increase on business loans products, giving clients access to key funds to help buy stock, put up new buildings and cover bills for items such as VAT and repairs.

Managing director, Howard Musgrave, said: “We are really proud of our progress in 2019.

“We have worked hand in hand with our clients throughout the year to help them access financial plans that fit around and work for their business.

“Supplying traditional finance products such as hire purchase and lease agreements we have helped businesses up and down the country make key equipment purchases to move their businesses on, while our business loan offering has been a real boost to our clients, helping them diversify into new areas and helping them to move their business on.”

He added: “Since rebranding and taking on new staff members in 2018, business is continuing to go from strength to strength, growing at a steady rate and we look forward to working hard again through 2020 to help our clients throughout the country continue to grow.”

Set up in 2006 by managing director, Howard Musgrave, Dealer Net Finance is an agricultural and commercial specialist finance brokerage based in Peterlee County Durham.

Working with a portfolio of over 10 major UK finance houses the brokerage helps business throughout the UK access key funds to help make business purchases through financial products such as hire purchase agreements, lease agreements and loans.