Shire Leasing was launched by Joint Chairmen and cousins Martin Smith and John Worton.
Shire prides itself on making the process as smooth as possible for the customer. That’s why in 2001 automated underwriting was introduced, which at that time only banks were using. From then on, a significant proportion of its supplier business went through the online channel. With an auto accept capability, a transaction could be sealed in as little as 6 seconds, and pre-approved deals were also introduced.
Our unique, secure online programme management tool, Leaseman Online, was launched. Revamped in 2015, Shire Online allows our approved suppliers to have all the information they need available 24 hours a day, 7 days a week, from business volumes to end of lease. It is a proposal system, which provides instant finance decisions, online documentation and insightful reports and analysis
of your customers.
Documents are now available to sign online, making the proposal completion process much quicker.
Our bespoke online payment option can be integrated into your web shop, giving your customers the option to buy on lease.
British Business Bank investment
Shire Leasing PLC is financially supported by the government-owned British Business Bank. The British Business Bank matched our current private funders and invested an additional £40 million into Shire Leasing.
Leasing World award winner
Shire Leasing PLC was named as Independent Lessor of the Year at the Leasing World Awards 2016.
The Independent Lessor of the Year award exhibits the continuous successes of Shire Leasing PLC, and the ever-evolving commitment to support British SMEs obtain alternative finance options to acquire business critical equipment.
Diversity Champion of the Year
Another achievement recognised, Shire Leasing PLC were declared as Diversity Champion of the Year by the Leasing Foundation.
We provide a great deal of commitment to our staff training and development, both male and female. Shire were awarded for our commitment to a sustainable framework to recruit and develop women at every stage of their careers.
New £37.4m ENABLE Funding facility
The British Business Bank agreed a new £37.4m ENABLE Funding facility with Shire Leasing to boost asset finance for smaller businesses. The transaction follows on from the £40m block line funding provided by the British Business Bank’s commercial arm – British Business Bank Investments Ltd – in late 2014.
Top Hybrid Funder of the Year
We were proudly awarded as Top Hybrid Funder of the Year at the 2017 Leasing World Awards.
The award recognises Shire Leasing as the leading company that has most successfully increased their Own Book funding portfolio and has now surpassed the 50% barrier of own-book to brokered deals, a great achievement for a truly independent company.
We apply our knowledge and expertise to provide a professional and consistent service to all our customers.
We offer an honest and accountable service, which is key to the integrity of our business.
We promote innovation through a team of dedicated, motivated and well-trained staff, instilling confidence in our customers and colleagues.
We build lasting relationships with customers and colleagues through a flexible and approachable attitude.
We offer reliable, accurate and consistent processes that support our customers’ business needs.