Financial services broker, Fiducia Group has launched a new asset finance division offering bespoke funding solutions to support businesses with their cashflow issues.

With so many firms impacted by the ongoing coronavirus crisis, Fiducia Asset Finance provides access to a range of finance options, along with fast turnaround times of as little as three days.

Part of Fiducia Commercial Solutions, the new division will be headed up by business finance specialist Andrew Craggs, alongside a team of highly experienced asset finance professionals.

Fiducia Asset Finance will work with other brokers who have business clients who need the type of specialist advice that they cannot provide themselves.

The new division will enable clients to access cashflow Finance – to create valuable working capital to help a business meet regular outgoings or an expected growth in costs brought about through business expansion. There are also the options of Asset Finance,  Invoice Finance and Stock Purchase.

Fiducia Asset Finance will put together a bespoke funding package that includes one or more of these elements to achieve a solution that meets the individual needs of each business.

Marcus Grimshaw, CEO of Fiducia Group, said “We are going to challenge the way the asset finance sector does business. For too long, clients have been kept in the dark about the costs and fees they are paying.”

“We will give businesses fast access to a wide range of funding solutions – and we will be completely transparent about our charges and any other fees.”