08 Aug 2018
Investec Materials Handling passes £250m in lending
Investec Materials Handling has recently broken through the £250m barrier of paid out business, having become one of the major suppliers of finance in this sector working with more introducers than ever before.
Investec Materials Handling launched in January 2014, and comprises a team of seven experienced and dedicated people. It provides specialist funding for counterbalance, warehouse and cleaning equipment amongst other associated assets with a focus on personal relationships and detailed sector knowledge.
Since launch, the team has handled deals of all sizes, from £5,000 agreements for individual trucks to multi-million pound payouts across multiple sites.
Investec's Andrew Woodward commented:
"We're one of the only teams that specialises in materials handling – it's our core focus, and with a combined 120 years of experience in the industry, we know it very well indeed."
"We've been able to grow thanks to a relentless focus on helping introducers, providing high levels of service in addition to providing useful, smooth-running technology to allow them to get deals paid out as quickly and efficiently as possible." (July 2018)
Investec will continue to focus on providing the industry-leading service levels, as well as developing and incorporating new technology to facilitate easy applications and fast payouts.
For more information, please contact:
020 7597 5261
Notes to editors
Investec Asset Finance
Investec Asset Finance plc is authorised and regulated by the Financial Conduct Authority for credit-related regulated activities (including hiring). Registered office at Reading International Business Park, Reading, RG2 6AA. Registered in England Number 2179313.
Investec Specialist Bank
Investec is a specialist bank that provides a diverse range of financial products and services to a niche client base in three principal markets: the United Kingdom, South Africa and Australia, as well as certain other countries.
This press release is issued on behalf of Investec Bank plc. Registered address: 2 Gresham Street, London, EC2V 7QP. (Reg No. 489604). Investec Specialist Bank is a brand name of Investec Bank plc, which is a member of the London Stock Exchange.
Investec Bank plc (Reg. no. 489604) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.