We’ve been helping businesses since 2015, and a key area of development has been the
introduction of lenders who specialise in the bus and coach sector – and to compliment this we’ve appointed Greg Randall (pictured, left) as our Senior Account Manager to lead our offering in this vital industry.
“Joining Moorgate at a time of unparalleled growth is very exciting” says Randall. “The ability to be able a range of different products, from traditional finance agreements to business loans and invoice finance facilities means that Moorgate are ideally placed to help operators across the country.”
Having worked in the industry for almost a decade, Greg understands what operators need. “This sector has been hit hard over the past few years, but the prospects are still bright. And by working with Moorgate, Operators can now have access to lenders who really want to support the industry with a range of products designed with industry needs in mind”
“As a finance broker, Moorgate have always put what the customer needs at the heart of the business” says Adam Drawwater, Commercial Director. “During the COVID-19 pandemic, a lot of brokers, and finance houses, only offered CBILS and other Government backed facilities where we quickly decided to maintain a broader offering and developing relationships with lenders. This allowed us better access, better rates, and overall provided a better offering for all our customers.”
And this is where Moorgate really differentiates from traditional partners in the industry – it’s ability to provide alternative products. “Operators demand flexibility” says Randall. “Captive finance houses can usually only provide purchase and lease agreements tied to the vehicle, whereas we can offer business loans and other finance facilities, which is perfect if you need to consider things such as commercial mortgages, yard acquisitions, refinancing of CBILS agreements, taking on new contracts or are looking for a cash injection to your business.”
A key part of Moorgate’s offering involves the ability to asset their customers with asset sales to other businesses via introduction. “We’re well connected in the sector and have worked with suppliers for a number of years” adds Drawwater. “We can help with asset disposal and resale, meaning a complete 360-degree service for our customers.”
Moorgate will be attending Euro Bus Expo on 1 November and are keen to meet as many contacts as possible. To book an appointment to meet Greg to discuss how he can aid your business, please call 01908 926262 or email g.randall@moorgatefinance.co.uk
