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Leasing firm launches with support of BLME

A new leasing firm has launched to provide funding to SMEs, backed by Bank of London and The Middle East plc (BLME).

Fred Yue (centre), head of corporate banking for BLME, with Gerard Moon (left) and Ian Corbett

Glasgow-based Carrick Asset Finance is being headed up by a management team including UK leasing industry specialists Gerard Moon of Macquarie Asset Leasing and Iain Corbett, who have worked in the leasing sector and at asset finance start-ups for over 50 years collectively, and will target SMEs through a range of products and services including: hire purchase, lease purchase, finance lease, sale and leaseback offered through selected brokers.

This will include fleets. Iain Corbett, director, Carrick Asset Finance, said: “The transportation sector will inevitably end up being a key area of business for Carrick. Asset such as buses, coaches, heavy & light commercial vehicles, trailers and cars are likely to feature prominently in our portfolio as it develops.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.