Liberty Leasing will receive £15 million from the British Business Investments. Liberty Leasing received a £15 million facility in 2021 so this brings the total committed to £30 million.
Liberty Leasing is a specialist financing firm that caters to smaller businesses in the construction, engineering, transport, agriculture, and printing sectors. The company supports UK smaller businesses operating within the £0.5 million to £25 million turnover space.
Alan Cooper, Finance Director of Liberty Leasing, said the additional capital is an opportunity for them to develop their existing customer base by providing access to asset finance for UK smaller businesses.
“Demand from smaller businesses continues to grow and Liberty Leasing is proud to be a leader in supporting their financing needs.”
In April, Liberty Leasing announced it would begin operating under an Employee Ownership Trust (EOT), allowing Liberty staff to participate in and influence the company’s direction without having to directly own or buy shares.
