“Fast and flexible” payment solutions help JCB Finance scoop award

Paul Jennings (left) with the award

JCB Finance has won the Captive Finance Provider accolade at the Leasing Life Chief Executives’ Lending Forum and Awards 2018.

The JCB Finance team had to demonstrate the support they offered customers throughout their journey, including the development of finance calculation apps for JCB dealers to assist with sales, an online portal for customers to organise finance paperwork and by providing payment options aimed at protecting their working capital.

Paul Jennings, managing director of JCB Finance said, “We’re delighted to have received the Leasing Life Captive Finance Provider Award of 2018. We’ve been providing asset finance and supporting business growth in the construction sector since 1970 so we understand the challenges our customers face.

“In the case of our construction clients they needed fast and flexible payment solutions to help them cope with dips in activity, so we developed our HP Plus package to allow them to take unplanned payment holidays with as little as 15 days’ notice.

“We’ve always gone out of our way to provide them with asset finance using hire purchase and leasing, which helps businesses secure the equipment they need and spread the cost of that investment whilst preserving their working capital. These innovations in our service are just some of the ways our team work to provide solutions for our customers and we serve them with enthusiasm, hard work and honesty.

“Receiving this title is both a privilege and a wonderful accolade and we’re very grateful to Leasing Life and its judging panel. We will certainly give this prestigious award the prominence that it deserves.”