Wesleyan Bank, a specialist provider of commercial finance solutions and part of Wesleyan Group, and DND Finance have announced the expansion of their existing wholesale finance facility to include Asset Finance.
DND Finance is a 19 year-old Canadian founded operation and a niche funder to professions and small business in the UK. The company has been established in the UK for ten years providing finance across the business loan, vehicle, equipment finance and leasing markets. DND has also recently expanded into the Charge Card market, offering a Visa solution to both Corporates and Individuals.
The facility expands on the already operating Professions Loan facility agreed between DND Finance and Wesleyan Bank last year. Rev. Dr. K. Bill Dost, Group CEO of DND Finance said, “I believe this speaks to Wesleyan Banks’ confi dence in us and our ability to serve the SME marketplace. It will also now allow us to provide some fantastic Asset Finance Solutions to the same marketplace.”
Wesleyan Bank has over 25 years’ experience in the equipment fi nance and professional loans market. Entering the wholesale finance market is part of a series of “strategic initiatives to support
the Bank’s ambitious growth plans,” commented Sean Read, Director of Operations at Wesleyan Bank.
