At the year end the company had 247 clients spanning most sectors of industry and commerce.
Jonathan Cranston, Ashley’s managing director, commented: “This is a pleasing result given the recessionary backdrop and we continue to experience a healthy level of new enquiries for our services. Our well spread book means that bad debts are comfortably within the industry norm and we view the future with confidence.”
Ashley Commercial Finance is an independent invoice finance company, providing invoice finance for businesses with annual sales of up to £1.5 million.