Mistral Group Moves In To Finance
Mistral Group, the leading UK bus sales and rental business has expanded its product offering with the launch of Mistral Asset Finance Limited (‘MAFL’).
MAFL will specialise in the bus and coach market and support operators in sourcing finance for all vehicle and other asset purchases. The business will be spearheaded by Rob Hallworth, who has joined Mistral from Alliance & Leicester/Santander Corporate Banking.
Rob has worked in the banking sector for 25 years and has specialised in the bus & coach sector since 2002 when A&L launched its specialist bus & coach finance business (also incorporating Hansar Finance).
MAFL will support existing Mistral customers purchasing vehicles direct from Mistral Group but the service is available to ALL operators in the UK.
Rob comments “Mistral is an established and well recognised brand in the bus market and I am delighted to join the business and to be able to support the group in extending its product offering to the bus and coach market. Feedback from our customers is that finance has become more difficult to obtain but through our established connections across the UK financial markets, we can certainly support our customers in sourcing suitable funding packages on competitive terms”.
MAFL acts independently of the UK banks and has an established panel of lenders to cover a wide range of operator needs. Additionally, MAFL has the ability to underwrite transactions on its own portfolio which sets itself apart from your ordinary brokerage service.
For further information contact Rob or any member of the MAFL team direct on 0800 0389933; www.mistral-finance.com.