Time Finance - Acquis

Introduction

One pm Finance provides Lease Finance, Hire Purchase, and Business Loans to small and medium-sized enterprises (SMEs) across the UK. One pm Finance is part of the 1pm Group, an independent AIM listed finance company lending to small UK businesses through a variety of business loans, lease, hire purchase, vehicle and invoice finance. The 1pm Plc group of companies boasts an impressive portfolio of alternative finance solutions and offers a high level of expertise to clients.

"Specialist services need expert providers - Acquis are experts and therefore add to our strength by providing the partnered service."

Ian Smith
Chief Executive Officer

Solution

One pm Finance has been working in partnership with Acquis for over 5 years, originally selecting Acquis for the opportunity to improve insurance penetration and provide expert coverage of their asset portfolio customer base. Acquis were able to offer a programme that delivers a high-quality insurance solution that minimises risk within the leasing portfolio.

One pm fully outsources the whole insurance process to Acquis, giving them peace of mind that all aspects of the programme, from customer service and claims handling, to administration and legal requirements, are managed by Acquis’ specialists to the highest standard. This gives One pm the time they need to provide an excellent service to their customers.

The Acquis programme has exceeded revenue yield expectations and increased insurance penetration rates for One pm, creating a sustainable additional income stream on the leasing portfolio. The fast repair and replace service offered by Acquis ensures that disruption customers may experience as a result of lost or damaged equipment is significantly reduced, which can otherwise be a real issue for One pm’s customers.

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"We decided to partner with Acquis in 2010. When deciding upon an outsourced insurance provider, it was very important for us to choose a partner that is truly an expert in their field and that could deliver the highest level of service to us and to our customers. We also wanted a solution that maximised our income opportunity and significantly reduced our insurance administration. By all measures, Acquis have proven to be an excellent choice of partner and I would not hesitate to recommend them to other funders in Europe."

Mike Quinn
Head of Technology Lifecycle Services UK, BNP Paribas Leasing Solution.

Case study

"Investec Asset Finance plc has been partnered with Acquis since 2010. From the very beginning their knowledge of the industry and attention to customer service has been evident, providing us with comfort that the high expectations required of a regulated service provider will always be met. Their flexibility in setting up the structure of the scheme, along with the reporting and operational detail has been invaluable, enabling a process to be created which has fitted seamlessly into our own."

Andy Hart
Head of Corporate Bank, Investec

Get in Touch

To learn more about protecting your leased assets and maximising the return from your financed equipment portfolio, call us today on 0800 320 520, or complete the enquiry form.

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