Secured Loans

Often, a customer may find that they may need to look at all options when it comes to raising finance for their business. Perhaps there is a requirement for a high value piece of equipment where their trading accounts may not be supportive, or simply considering buying commercial property. A loan secured on either commercial or residential property is just another area in which Corporate Asset Solutions has experts on hand who can provide truly impartial advice and assistance.

The loan provided is paid directly into the customer’s account following completion of documents and registration of the charge. The value of the loan is agreed in line with the value of the property which is offered as security.

Corporate Asset Solutions (CAS) is delighted to partner with RateSetter to administer and run their new hire-purchase product.

CAS will provide RateSetter with a robust distribution channel and market expertise in this area. Both parties have ambitious plans for the new HP product which will be competitive, transparent and clearly differentiated from other products in the broker market.

As Authorised Representatives of RateSetter, CAS will manage the end to end asset finance process on behalf of RateSetter from its offices in Southampton. Zac Cogan, Managing Director of CAS, said “After two years of partnering with RateSetter on various projects, I am delighted that they have selected CAS to partner on this exciting new product. Our companies have aligned values and growth plans. We will provide best in class service to RateSetter, Brokers and Customers and in doing so we can extend our distribution within the broker community, offering distinctive, innovative funding solutions. The team at RateSetter are progressive, dynamic and passionate about providing customers with viable, competitive alternatives, something that we also hold at the core of our values.”

Paul Marston, Managing Director, Commercial Finance at RateSetter, said “We are very pleased to announce the launch of RateSetter hire purchase which is a really important addition to the range of tailored finance products that we offer. We have chosen CAS as partners as we build this new area of business in view of their considerable understanding of this market plus their origination capability.”

Please speak to your broker manager today to discuss how this exciting new partnership can help your business. 02380 766467