Praetura Asset Finance

Praetura Asset Finance is a UK-based financial services firm that specializes in providing tailored asset finance solutions to small and medium-sized enterprises. Their offerings enhance financial flexibility for businesses. Founded in 2013 and headquartered in Blackburn, UK, Praetura Asset Finance operates in the asset finance sector, providing various financing solutions. The company received GBP 3 million in a Growth funding round led by British Business Bank in September 2016, which contributed to their expansion strategy.

Praetura has executed one deal to date, navigating a focused business model to enhance their service offerings. Praetura Asset Finance specializes in a comprehensive range of asset finance solutions tailored to meet the diverse funding needs of UK businesses. Their core offerings include Hire Purchase, Finance Lease, and Asset Refinance, allowing companies to acquire vehicles, equipment, and machinery while maintaining financial flexibility. The firm supports small to medium-sized enterprises (SMEs) across various sectors by providing tailored financial solutions aimed at enhancing operational capacity and growth.

In the most recent year, Praetura Asset Finance generated revenue amounting to GBP 26,952,004. 20 and achieved an EBITDA of GBP 4,671,107. The company’s revenue is derived from structured financial transactions that facilitate asset funding for clients, operating on a B2B model with partnerships involving brokers and intermediaries. Praetura Asset Finance plans to leverage the GBP 3 million growth capital investment from British Business Bank to enhance their product offerings and expand into new markets.

The immediate focus includes developing innovative financing solutions to better serve their clients' evolving needs. Additionally, Praetura aims to explore opportunities in new geographic regions within the UK to increase their market presence and service portfolio.