British Business Bank programme: ENABLE Funding
The LDF Group are the UKs largest independent provider of SME funding solutions, specialising in lease and loan facilities to a comprehensive number of industries and professions throughout the UK.
With over 30 years’ experience in business finance, LDF’s appetite for lending has increased significantly, providing £353m in funding to UK SMEs last year. Together with hard assets broker, First Independent Finance (FIF), whom LDF acquired in 2015, the combined LDF Group will provide a further £400m in funding to businesses in 2016, with 60% funded by LDF directly.
We believe that building long and trusted relationships with both our clients and partners is vital to our success. LDF Group maintains an active and loyal client base of over 8,000 businesses, many of whom have returned to the business for many years.
The UK is host to some of the World’s most exciting businesses and as such, LDF are proud to be able to work alongside the British Business Bank to help support our home grown talent to thrive and prosper through finance.
Peter Alderson, Managing Director, LDF, comments: “LDF are delighted to be working with the British Business Bank on this exciting initiative. Access to finance, particularly for asset procurement, remains a critical barrier to success for many smaller businesses and making this more readily available is something that we are behind fully.
We have ambitious plans to grow our presence in the SME market. The combination of the business’ scale and stature, teamed with the strong asset finance heritage of FIF increase both our geographical presence and our potential client base.