Transactions
Recent transaction experience – Billing Finance
- In September 2014, Asgard Partners advised Billing Finance in arranging a new committed bank debt facility as part of a refinancing
- Billing Finance specialises in offering near-prime consumer finance for cars, motorbikes and vans via dealers and brokers
- Based near Northampton, Billing Finance lends in England, Scotland and Wales
- All credit applications are assessed on their individual merits rather than relying on an inflexible scorecard, including for customers who have had problems with finance in the past
- Our role included advising in structuring the facility and in negotiating the terms through to closing
“As a family-run business, Billing Finance had banked with the same bank for the past 31 years. Asgard Partners provided us with experience, credibility and a wealth of knowledge in helping to negotiate a very successful transaction with a new bank funder. Stuart offered his advice calmly and expertly, with full understanding of our demands and needs. Billing Finance is very pleased with the service received and is in great shape to build its business over the next three years.”
Oliver Mackaness, Managing Director, Billing Finance