Lloyds Banking Group has announced its membership with Asset Finance Connect (AFC), solidifying its commitment to expanding its presence in the asset finance market and engaging with strategic partners across the industry.
Lloyds Banking Group is a leading UK-based financial services group, offering a wide range of banking and financial services to retail, commercial, and institutional customers. The Commercial Banking division caters to small and medium businesses as well as corporate clients, providing lending, transactional banking, working capital management, debt financing, and risk management solutions. Underpinned by its mission to “Help Britain Prosper,” Lloyds is dedicated to fostering a more sustainable and inclusive financial ecosystem.
Oliver Batley, Area Director – Asset Finance Sales at Lloyds Banking Group, commented on the new partnership:
“We are delighted to join Asset Finance Connect. Lloyds have an ambition to grow our presence significantly in the Asset Finance marketplace whilst continually improving our offering and service we deliver to a wide range of customers. AFC provides a helpful platform to engage with strategic partners across the industry to support our growth and contribute to the industry with increasing levels of thought leadership and insights.”
AFC serves as a premier knowledge-sharing and networking hub for asset finance professionals, connecting key players in the industry to facilitate discussions on emerging trends, best practices, and innovative solutions. The addition of Lloyds Banking Group as a corporate member is expected to enhance AFC’s mission by bringing Lloyds’ extensive expertise and thought leadership to the table.
Edward Peck, CEO at Asset Finance Connect, welcomed Lloyds Banking Group to the community:
“We are thrilled to have Lloyds Banking Group join Asset Finance Connect. Their deep-rooted expertise, market influence, and commitment to shaping finance as a force for good align seamlessly with our goals. This partnership will help drive greater collaboration and innovation within the asset finance sector.”
Lloyds Bank’s asset finance expertise
Lloyds Bank is a key player in the UK asset finance industry, regularly featuring among the Top 10 Asset Finance Groups. Through its Asset Finance and Lex brands, Lloyds supports businesses ranging from SMEs to large corporations in acquiring essential assets, such as vehicles, machinery, equipment, and technology.
With a comprehensive range of products—including Hire Purchase, Finance Lease, and Commercial Loans—Lloyds Banking Group enables businesses to grow sustainably while ensuring seamless financial solutions through its national network of experts and intermediaries. Currently, Lloyds’ asset finance and operating lease lending exceed £6 billion, reinforcing its commitment to the industry and its strategic expansion within the market.
As Lloyds Banking Group continues to grow its asset finance presence, its partnership with AFC will serve as a valuable platform for industry collaboration, knowledge exchange, and future-forward innovation.
For more information about Lloyds Banking Group, visit https://www.lloydsbank.com/business/asset-finance.html or follow their LinkedIn page.
To learn more about becoming an AFC Corporate Member, contact Joe Nilsson, Business Development Director, at +44 (0) 7379 096 111 or via email at joenilsson@assetfinanceconnect.com.
