Sector

Equipment Leasing

Programme Size

£25m

Programme Establishment

January 2016

Programme Type

Senior Secured

Established in 2010, Rivers Leasing is a subsidiary of Rivers Finance Group Plc, and is a London-based, independent niche asset finance funder with strong experience and a dedicated team that is exclusively involved in running its own book.

They focus on asset finance, business loans, and block discounting. They are non-sector specific, typically financing items including IT and office hardware, salon equipment, plant and machinery, medical and healthcare equipment, and other soft assets.

An initial £6 million programme was established in 2016 to finance the growth of the company’s lease book and to diversify its funding sources away from traditional lenders. Notes are secured against an assignment of lease and loan agreements and by a general corporate debenture. Continued growth of the business and investor demand enabled the programme limit to increase to £12 million in January 2017, £25 million in September 2018, and £40m in 2025.

The business is currently originating over £2.5m of deal flow per month. Between 2016 and 2020 Rivers ranked in the Financial Times FT 1000, Europe’s Fastest Growing Companies for four consecutive years. They also featured in The Financial Times’ inaugural Future 100 UK Special Report, detailing fast growing UK companies that are also making an impact on their industry or wider society.

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