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STAR on the acquisition trail again with Credo Holdings Limited

NEWS STAR Asset Finance (“SAFL”) continues its consolidation of the SME asset finance market by completing the acquisition of Credo Holdings Limited (“Credo”). Norwich-based Credo was established in 2005 as an independent provider of asset finance. The company has a growing own-book portfolio, coupled with brokered finance supported by a number of industry funders. Specialising in …

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STAR company proves to be the “Best One” for retail funding

NEWS Kennet – part of STAR – has recently funded a complete shop refit for Coleshill-based Best One convenience store, which totalled over £100,000 in building work, an extension and shop refit. Funding included remodelling work, which saw the floor space increase over 6 times – from 180 Sq feet to 1,100 Sq feet. During …

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STAR Asset Finance company secures EIF funds to support UK SME growth

NEWS Kennet Equipment Leasing Limited (“Kennet”), one of the leading independent equipment finance providers to small and medium-sized enterprises (“SMEs”) and part of STAR Asset Finance, has signed a £50m committed financing facility to provide financing to UK SMEs. The innovative financing facility is provided by Commerzbank backed by a guarantee from the European Investment Fund (“EIF”). The facility will enable Kennet …

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Star Asset Finance Company makes Fast Growth 75 list

NEWS Star Asset Finance company Ignition Credit PLC has been named as one of the fastest growing companies in the South West for the third consecutive year. The Western Morning News have revealed their annual Fast Growth 75 list, placing Ignition at 51 out of all companies in the region.  Compiled in partnership with accountancy firm KPMG, Barclays bank and law …

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Ignition Credit appoints Business Development Manager

NEWS Ignition have strengthened their Business Development reach into the South West region with the appointment of Alistair Scadden. Alistair has a wealth of experience in the finance sector, and will work to support businesses across Somerset and North Somerset into the Bristol area. An active member of the business community in Weston super Mare …

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