Finance Monthly Game Changers Awards 2017

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FINANCEMONTHLY
GAME CHANGER AWARDS 2017
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www.finance-monthly.com
Today, HHF’s services support more than 20,000 UK based SME’s of all
sizes and stages. In 2016 alone, HHF provided finance for more than
6,000 businesses lending in excess of £150 million. Such achievements
have been largely driven by a substantial appetite for growth, and
a reputation for providing customers and suppliers with the most
competitive service in the industry.
Over the last seventeen years, Mark has grown the company to
become the largest independent finance house in Wales, and one
of the leading providers of SME finance in the UK. As Chief Operating
Officer, Mark embodies a ‘can do attitude’, promoting HHF’s broker like
mentality and commercial funder scale capabilities. Looking ahead,
he remains an integral part of the management team responsible for
driving improvements in in innovation, accessibility and customer value.
In short, Mark’s work has had a game changing impact on the leasing
industry, and has positioned Henry Howard Finance PLC as a leader of
business finance. As a result, HHF is set to challenge the challengers.
ABOUT HENRY HOWARD FINANCE
Established in 1996, Henry Howard Finance (HHF), is one of the UK’s
leading business finance providers to the SME sector, offering a wide
range of independent financial services.
As specialists in SME finance the company provide a ‘one-stop shop’
approach to lending; including the provision of finance for a range of
business assets, and solutions for businesses facing cash flow issues.
The team at HHF are well equipped to offer a number of flexible finance
agreements for business owners, including asset finance, hire purchase,
invoice discounting and invoice factoring.
The alternative lending market has expanded rapidly over the last
couple of years and can often appear daunting to business owners.
At HHF, dedicated relationship managers are well aware of pressures
growing businesses face, and from the first conversation, will look at
various alternative funding options to provide exactly the right lender
and product.
As an independent finance house with a substantial own book facility
and dedicated underwriting team, HHF eliminate certain restrictions
that impose upon high street lenders. Certainly, the in-house funding
line allows the business to make timely and reasonable decisions ahead
of many high street lenders. As a result, clients and customers alike
benefit from bespoke financial products and tailored lending facilities
most appropriate to their specific future plans.
HHF’s responsive and flexible approach over the last decade has seen
CONTACT
Mark Crook - Chief Operating Officer of Henry Howard Finance Group
Tel: 01633 439 589 | Email: | Website
the brokerage grow to a lending portfolio substantially increase year on
year. In 2016 alone, HHF provided finance for more than 6,000 businesses
lending in excess of £150 million. At this point in time HHF currently provides
financial support to over 20,000 different UK businesses across a variety of
sectors.
In June 2014, HHF received a £25 million investment from Cabot Square
Capital, a private equity investor. This investment allowed HHF towritemore
business using its own capital, and supported the development of four
business divisions dedicated to providing access to finance, equipment
and services, namely; HH Cashflow Finance, HH Retail Finance, HH Vendor
Finance and HH Asset Finance.
The group also used the additional funding to develop its comprehensive
funding platform and technological infrastructure, including an online
funding portal known as ‘HowApp’ which offers instant financing decisions
to vendors.
In 2016, HHF also agreed a £51m asset finance facility with the British
Business Bank’s ‘Enable Funding’ programme. The facility, which is 50%
guaranteed by the European Investment Fund, further extends the
funding facilities of the Group to an even larger portfolio of UK businesses.
At HHF, the approach is personal. The management team bring a “can
do” attitude to business finance, combining a broker-like mentality with
funder capabilities. As a well-established independent lender with a
range of services, expansion is set to continue throughout 2017.
FIRM PROFILE
• ‘Best Channel Business Service’, Comms National Awards 2016
• ‘Vendor Specialist of the Year’, Leasing World Awards 2015
• ‘Comms Business Channel Product of the Year: Professional
Services’ Comms Dealer, 2016
• ‘Asset Based Finance Broker of the Year 2017 Nominee’ Business
MoneyFacts, 2017
PRACTICE AREAS
• Asset Finance
• Vendor Finance
• Retail Finance
• Cashflow Finance (including invoice discounting and
invoice factoring)