PVS Asset Finance is set to expand after gaining regulatory approval from the Financial Conduct Authority (FCA).

Paul Tregale, sales director, PVS Asset Finance

The business was founded last summer as part of the PVS Group established by Marcus Puddy almost four years ago and, following the FCA regulatory approval, is now able to transact business with regulated businesses – sole traders and partnerships – as well as private individuals.

Commenting on the significance of this, sales director Paul Tregale said: “FCA regulatory approval undoubtedly opens up new markets for PVS Asset Finance. Now we can not only assist businesses to obtain the funding they need to purchase the assets required to grow and thrive, but we can also support sole traders, partnerships and we will also be able to have direct conversations with directors and employees within those organisations about funding their personal vehicles, for example.”

Tregale added: “Our USP is our ability to do more than just broker finance deals. PVS Asset Finance is part of the wider PVS Group that specialises in all things fleet – consultancy, procurement, management and strategy.

“We therefore have strong relationships with motor manufactures and franchise dealers which enables us to source new cars and vans at hugely competitive prices. This can be of great benefit to many of our clients who may not have the buying power to achieve the same levels of discount. We can therefore offer the complete end-to-end package from funding and procuring vehicles to modifying and signwriting, if required.”