Fiducia Group launches asset finance division

Fiducia Group has launched a new asset finance division in order to assist firms impacted by coronavirus.

The new division offers bespoke funding solutions to support businesses with their cashflow issues, according to the firm.

It added that Andrew Craggs has been instructed to head up the asset finance division.

The new division will enable clients to access cashflow finance, asset finance, invoice finance, and stock purchase.

Marcus Grimshaw, chief executive of Fiducia Group, said: “We are going to challenge the way the asset finance sector does business. For too long, clients have been kept in the dark about the costs and fees they are paying.

“We will give businesses fast access to a wide range of funding solutions – and we will be completely transparent about our charges and any other fees.”

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