Singers renamed Shawbrook Asset Finance
By Bridging Loan Directory -
Shawbrook Bank is pleased to introduce Shawbrook Asset Finance, the new name for its corporate and healthcare finance arm as of 4th March 2013. Previously known as Singers, the asset finance group was acquired by Shawbrook Bank in March 2012.
Shawbrook Bank is a specialist savings and lending bank, which combines traditional banking values with a modern approach. The British bank specialises in markets where it has solid experience and knowledge and it is committed to increase lending to SMEs.
The acquisition in 2012 enabled Shawbrook to extend its lending offer to the SME market whilst providing a secure home and long-term source of funds for the well established asset finance business. The name change to Shawbrook Asset Finance brings further growth opportunities and an extended product range for the business to offer its loyal customers.
Singers, under the new name of Shawbrook Asset Finance, has combined both its corporate and healthcare asset finance divisions into one business and continues to focus on its specialist markets. Its experienced teams will continue to work with customers and brokers in delivering a high level of service to clients. Office locations are unchanged and the business remains dedicated to UK SMEs and the healthcare sector.
The name change has naturally resulted in the introduction of Shawbrook aligned email addresses and newly branded printed and online material, including a new website. This has also created an opportunity to enhance customer documentation and there have been a few phone number changes to ensure uninterrupted service at all times. The service and financing facilities remain otherwise unchanged.
Ian Henderson, CEO, Shawbrook Bank said:
“Since last year’s acquisition, the Singers and Shawbrook teams have worked closely together to determine the strongest and most effective way for the two businesses to work. Bringing the healthcare and corporate asset finance divisions under the Shawbrook banner ensures we can do this and further supports our ambitious growth plans for the coming years.”
Richard Pyman, MD, Shawbrook Asset Finance said:
“It has been an exciting year of evaluation and opportunity culminating in a name change which cements us in our new home. Besides the usual changes that come with a rebrand, customers can be assured that our business ethos remains as before. We continue to deliver a fast and personal service, based on years of experience and local market knowledge and customers have the same daily contacts to help grow their businesses.”