Praetura expands portfolio with first acquisition

Praetura Asset Finance have today announced the expansion of their portfolio, through the acquisition of Kingsway Asset Finance. The acquisition will create one of the largest independent asset finance companies in the UK. With a combined loan book of over £100m, the...

Another record-breaking year for Praetura

Praetura Asset Finance experienced record growth in 2017, with a 9% increase in the number of cases and a 23% increase in lending year-on-year. Lending totals rose across all funding products offered, including a 26% rise in hire purchase facilities. There was also a...

Promotion to the board for Ric Simmons

Praetura Asset Finance are delighted to announce the promotion of Ric Simmons to the board of directors. Following another record-breaking year for the independent asset finance funder, the newly created role of sales director is part of the next growth phase for the...

Praetura MD named in Leasing Life Power 50

Praetura Asset Finance’s managing director, Mike Hartley, has been named in Leasing Life’s Power 50; an annual list of the greatest influencers and pioneers in the asset finance industry. According to Leasing Life magazine, more than 3,400 votes were cast for nearly...

New documentation suite now available for brokers

A recent review of new legislation regarding the consumer credit act necessitated a number of changes be made to all Praetura documentation. We also used this opportunity to update the design and usability, so our full suite of documentation can now be completed...

New appointments in Praetura’s operations

To support the next phase of the business’s growth, Praetura Asset Finance are delighted to announce that Daryl Johnson is the company’s new technical and development director and their former operations manager, Samantha Andersen, has been promoted to head of...