Simply Asset Finance announces first Scottish office

Simply Asset Finance has opened first Scottish office in Eurocentral, one of Scotland’s leading industrial and logistics hubs located between Glasgow and Edinburgh. The lender, which specialises in the SME market, says this new Scottish office allows the Simply sales team to better service SMEs throughout Scotland by offering its alternative finance model, which looks beyond a balance sheet and credit rating.

William Devine, head of Scotland at Simply commented: “I am delighted to open our first office in Scotland. It has always been my vision that when we pushed the button on a Scottish office, Eurocentral is the place it would be located. Geographically it makes perfect sense to establish a base in Scotland, to enable us to support the local sales team, customers, brokers and dealers. We believe this office is a significant statement of our intent to place ourselves at the heart of so much commercial activity and growth, and firmly enhances our regional presence for the Scottish SME sector.”

Since its launch in 2017, Simply has lent more than £700 million to over 4,700 small and medium businesses across a wide range of sectors including transport, construction, manufacturing, recycling and agriculture. Its innovative approach sees the lender consider a customer’s potential and work with them to identify and implement the best solution to help them succeed, and it was one of the first lenders to be accredited for government schemes to offer support to SMEs throughout the pandemic.

Their highly experienced sales team is made up of people with extensive knowledge of the industries they lend to. This means they understand the day-to-day challenges that businesses face and the dedicated support teams guide customers through the process, helping them every step of the way. The Scottish team will initially have six employees.

Mike Randall, Simply CEO, said: “The launch of this new office sends a strong signal about our commitment to Scotland, where we see significant opportunity. At Simply, we understand that there is no ‘one size fits all’ when it comes to finance options and the support available needs to be closely structured to each business’ specific needs. Having a regional office in Scotland will allow us to expand our reach and further support the wider SME community and ensure we are there for our customers when they need us.”