The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted in the vehicle finance market regarding Discretionary Commissions. We want to inform our customers that Anglo Scottish Asset Finance acts as a broker, not a lender, and if you believe you have been impacted by this issue, please contact your car finance lender. For further information, please click here

The Financial Conduct Authority (FCA) announced on 11 January 2024 that a review will be conducted

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2021 – A Fantastic Year for Anglo Scottish

01st December 2021

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As another year comes to an end (no, we can’t quite believe 2021 has flown by so quickly either!) we reflect on an eventful year here at Anglo Scottish. We’ve made some huge changes and expanded the team that will enable us to keep growing, succeeding, and will help us help our customers to achieve their goals.

Expansion into the Midlands with the merger with Capex Asset Finance

In early 2021, we announced our merger with Birmingham-based Capex Asset Finance.  Under the merger, both have united under the Anglo Scottish Asset Finance banner.

This merger has strengthened our geographical positioning and has allowed us to move further into industrial asset finance.

As part of the merger, director of Capex Asset Finance, Warren Badger, was appointed commercial director of Anglo Scottish and will oversee operations in the Midlands and South.

David Foster, managing director, Anglo Scottish Asset Finance, said: “With the combined strengths of both companies under the Anglo Scottish name, the future is set to be extremely bright and prosperous.”

Warren Badger, added: “The merger made commercial sense and came at just the right time. Both businesses performed strongly in their respected regions but together, under the Anglo Scottish banner, we can aggressively grow the company, pushing into new markets and leveraging our wider geographical terrain. With offices in the Midlands, Anglo Scottish can now easily cover the Manchester area and expand deeply into the capital.

We focus on the future with the launch of the academy

We have launched the Anglo Scottish training academy to help create the next generation of asset finance specialists after identifying a skills gap in the financial services industry.

Established and delivered by Karl Kirkpatrick, who joined the company as director of new business development in January 2021, the program is currently training its first three recruits, Kyle Johnson-Goodier, Molly Willis, and Beth Krauza.

With the capacity to train ten learners every year, we will initially look to attract focused and self-motivated individuals along the west side of the country, in areas such as Manchester and Birmingham, and London.

Karl Kirkpatrick, said: “There has, for a long time, been a skills gap within the financial services. As such, we recognised the need to be proactive and the training academy is our way of ensuring Anglo Scottish always has a strong team. As we continue to expand and add to our offering, it is essential we have a continual stream of exceptionally skilled individuals coming through that represent the business and service our clients to the highest standard.

New Product launch – Vendor Finance

As part of our continuing growth, we added unit stocking and dealer finance tools to our product offering, as part of our new vendor finance programme.

The programme is being delivered by Carl Johnson, who has been appointed head of vendor finance, following four and a half years at the company as sales director for England and Wales.

Carl commented, “We look to work closely with those suppliers to ensure their customers have access to finance packages tailored to their specific requirements. This helps the vendor or supplier to secure their order, and by adding unit stocking and dealer finance to our product offering, we can assist the vendor’s cashflow, as well”.

Get to know our MD

Our MD David Foster discussed his passion for the North East with Northern Insight and talked about the future of Anglo Scottish. You can read the article here.

Focus on prestige finance

Despite the pandemic, we have seen a noticeable increase and demand for prestige and luxury vehicles, noticing this trend we have developed and tailored our service to support customers who are looking to purchase high-value cars.

Our prestige finance offering allows us to support customers looking to purchase vehicles from the £25,000 to £100,000 price range, such as BMW, Audi, and Range Rover, all the way through to Lamborghini Hurricane, Porsche, Ferrari and supercars like the Uris and LaFerrari which often sell for £150,000 and beyond.

Allan Hetherington, prestige finance development director at Anglo Scottish, said: “We put customers at the centre of everything we do. The expertise amongst our specialist prestige finance team, along with our customer-centric approach to business, means we can take the time to listen to what our customers are looking for and find the best solution via our vast panel of lenders”.

Fantastic Fall

Continuing a highly successful year, we have even more good news following the release of our November figures, thanks to the hard work of all of our staff members we successfully paid out 1000 agreements and hit the £40 million lending barrier!

This is a fantastic achievement and just goes to show just how great our team is, and how our strategy and investments are paying off!

If you’d like to know more about our products and services please feel free to get in touch.

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