First Independent Finance becomes the biggest UK asset finance broker

From: Fame Publicity Services
Published: Wed Nov 02 2005

A company based in Ayrshire, Scotland is showing that in a modern age of technology, you don’t have to be based in a big city or rely solely on the Internet to be a success.

First Independent Finance Ltd has been able to blend the services offered by modern communications, and still offer personal face-to-face assistance for businesses throughout the UK when they need help in financing the assets their companies require to be successful.

And they are doing it from a head office based in the small Ayrshire town of Stewarton, supported by a team of 25 sales people from Inverness in the north to Kent in the south.

18 months ago they announced they had broken through the £100 million barrier, by advancing £100 million to their clients since they started the business in 1999.

Now they have hit the £200 million mark, customers numbers continue to grow, and this comes on the back of winning Ayrshire Enterprise’s Best performing business employing 25-250 staff this year, and Best performing business under 25 staff last year.

It’s mainly down to the ongoing commitment and skill of the company’s staff, says managing director Allan Ross. "And that’s why last month, Investors in People awarded us our 3-year renewal, proving that we have continued to value our commitment to the people who do the job of keeping our customers happy.

"Meeting our customers and getting to know them personally is key to building trust and genuinely helping them achieve their business ambitions. Attention to detail and high-speed modern communications mean that we can offer a personal service and stay ahead of the competition. Customers are treated like family, that’s why they come back time after time," says Allan.

The future is looking bright for First Independent Finance as this ambitious local company look for continued growth throughout the UK, as well as launching a new personal car loan scheme at very attractive rates.

More of First Independent Finance can be seen on their updated web site


First Independent Finance Ltd

Allan Ross set up First Independent Finance in 1999 with capital of just £10,000 in a spare bedroom of his house in Stewarton, Ayrshire.

Today his company employs 32 people from office premises in the town’s Dunlop Street, boasts an annual turnover of £60 million, and has become the largest general asset finance broker in the whole of the UK.

Allan explains: "We help businesses to find the best source of finance for large items of capital expenditure, whether it be a commercial vehicle, a computer system, printing equipment or a combine harvester."

When First Independent Finance was set up, it concentrated on providing finance for farmers, as Allan and his co-director Robin Duncan had previously worked as regional managers in the agricultural finance divisions of major banks.

Since then, the company has diversified. Now it no longer offers finance just to farmers, but also to any type of business needing help with capital expenditure. Allan and his team can also organise personal car finance.

Allan says that First Independent Finance offers a one-stop approach to finance dealing by working with more than 20 leading finance houses, and because of the company’s increasing size, it can often come up with some of the best deals available.

It is this one-stop approach, combined with speed of response, quality local service, customer focus and attractive pricing that has led to First Independent Finance’s geographical coverage spreading from Inverness in the north down to Wales and Kent in the south.

Allan was brought up in Stewarton, and has been involved with many local organisations, including the Bonnet Guild and the Young Farmers.

He believes that Stewarton has great potential, and chose to establish his company in the town in order to back up that belief, saying: "It’s a great feeling to be able to bring jobs to my home town."
Issued on behalf of First Independent Finance Ltd by Fame Publicity Services.


Allan W Ross
Managing Director
First Independent Finance Ltd
22 Dunlop Street
Stewarton, Ayrshire

Telephone: 01560 482911

Murdoch MacDonald
Fame Publicity Services
10 Miller Road
AYR, Ayrshire

Telephone: 01292 281498
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