First Business Securities Ltd was set up in June 2009 by David Jordan, who has over 25 years experience in the Asset Finance industry. The company was born out of the frustrations David was encountering as a broker in a very turbulent economic climate.
With money hard to come by and with broker funding lines declining rapidly, David believed in his sources of business and decided that it was time to set up a funder that was hungry and eager to grow. Attracting a core team of investors FBS went to work.
Since then FBS has grown at a sustainable rate into a very stable healthy proven portfolio, attractive to investor and broker alike. With a highly motivated, experienced and professional team the business continues to expand.
Typically funding lease values between £2,500 and £50,000, we don’t have a set underwriting criteria, we really do look at each business proposal on its own merits. Our approach hinges on the desire to say YES!