Asset Advantage launches new lending team in Oxfordshire

Asset Advantage aims to boost access to finance for small and medium-sized enterprises (SMEs) with a team focused on supporting business growth and investment.

Based in Basingstoke, the lender offers asset finance and business development-driven loans to SMEs across Oxfordshire, Hampshire, Surrey, and Berkshire.

The new team will provide funding for equipment, machinery, facilities, and business acquisitions, including management buy-outs and buy-ins.

Gary Thompson, sales director at Asset Advantage, said: “Asset Advantage has been supporting businesses across the region for decades, and now we will do that through our specialist SME lending team.

“The investment in our new team aims to increase access and options to SMEs looking to invest, expand, or acquire through flexible business finance.”

He added that access to finance is often a barrier for SMEs, especially when dealing with mainstream lenders.

Mr Thompson said: “Despite significant demand from the region’s small and medium-sized firms, access can often be a real stumbling block – particularly when dealing with more mainstream national funders.

“Being based in the region and with our expertise as a specialist funder, our hope is that we can engage with SMEs and help them realise their growth ambitions.”

The team supports businesses at all stages of growth, from startups to long-established firms, and serves a wide range of sectors.

Recent investments by Asset Advantage have focused on expanding its team, enhancing processes, and broadening its funding services.