1. What is your role at Anglo Scottish Asset Finance?
David Foster, managing director of Anglo Scottish Asset Finance.
2. What does Anglo Scottish Asset Finance do?
We’re an experienced finance broker, offering a broad range of financing solutions for businesses of
all sizes and statuses, as well as personal vehicle finance.
We offer bespoke asset finance, which can be anything from computers, printers, and software, all
the way up to diggers, CNC machines, and renewable energy equipment. As part of our asset finance
offering, we can also support equipment manufacturers and suppliers with vendor and unit stocking
finance.
Our finance offerings also include commercial finance solutions, including business loans,
commercial mortgages, bridging finance, invoice finance, cashflow funding, R & D Tax credits, and FX
transactions.
In addition to asset and commercial finance, we also offer vehicle finance for businesses that are
looking to expand their fleet. We’re able to finance all sorts of vehicles from cars and taxis, all the
way up to large commercial vehicles, and we even have an internal vehicle sourcing team who can
help businesses and individuals to locate and purchase both new and used vehicles.
If that wasn’t enough, we provide competitive vehicle financing to individuals for car finance,
motorhome, caravan, and campervan finance, motorbike finance, and we have a specialist Prestige
finance division that focuses on financing luxury vehicles including classic cars, and supercars ranging
from £25,000 all the way up to £1 million and above.
3. What gets you out of bed in a morning?
There’s a number of things; firstly, it’s our staff. Our team works closely together and the culture
we’ve created here makes me exceptionally proud. We very rarely have people leave the business
and that for me is a true sign of success.
Secondly, I was born and bred in Durham, I’m extremely passionate about the area and my driver is
to fly the flag for North East industry and the people working within it, they are exemplars of what it
means to do good business.
And lastly, it’s supporting our customers and helping them grow. We offer services that can truly
help them reach their goals, whether that’s growing their business with new machinery or
equipment, investing in their business with a commercial loan, or supporting an individual’s
aspiration to purchase their dream car.
4. What makes Anglo Scottish different?
Without bragging, we’re really good at what we do. We’re passionate about finance and making sure
that our customers have access to the best possible deals, whether they are buying a car, purchasing
a digger, or taking out a business loan. It sounds a bit cliche, but we really do offer our customers a
one-stop-shop for their financial needs.
Not only that, but our solutions aren’t “one-size fits all”. We know that everyone’s circumstances are
different, and we take the time to get to know our customers so that we can tailor our solutions to
their exact needs. This is supported by the excellent relationships we have with our funding
partners. If one lender doesn’t match our customer’s requirements, we have a number of others
that most likely will.
5. What are the businesses greatest strength?
Our biggest strength is our ability to create relationships. Whether that’s between our customers
and ourselves so that we can understand their requirements and create a bespoke offering, or with
our funders so that we know exactly what’s going on in the market and can support our customers
accordingly.
6. What are your primary markets / sectors?
We can support businesses within a wide variety of sectors including energy, construction,
agriculture, healthcare, engineering, manufacturing, and many more. We’re particularly focussed on
helping businesses to become more sustainable with “green” finance and support their ambitions to
become “net zero”.
7. Do you have growth plans for the future?
Absolutely, just last year we merged with Birmingham-based Capex UK, bringing both businesses
under the Anglo Scottish banner, a priority was to emulate the culture and camaraderie we have
achieved in the North East, which we believe is vital for our growth.
We have set our growth strategy for the next five years and it is extremely ambitious but achievable
given our now national foothold and dedicated team.