Kevin Davidson, Managing Director of Premier Asset Finance, has announced his retirement from the business he co-founded.
Kevin will step down on 31 March 2022, exactly 40 years to the day since he started his first job in asset finance when he joined North West Securities.
He will be succeeded by Ken McKeating, currently Sales Director for Paragon Bank’s SME Lending division.
Premier Asset Finance was co-founded by Kevin in 2008 after working for over 20 years at the Bank of Scotland and is today one of the UK’s leading providers of asset finance, with more than £1 billion in funding arranged over 15,000 agreements.
In 2016 the firm was obtained by FTSE250 specialist bank Paragon and continues to thrive under this acquisition.
Ken has a long career in asset finance and has worked in senior roles at the Bank of Scotland and Dash Commercial Finance. He joined Paragon in October 2017.
Kevin Davidson said: “It has been an amazing journey, from North West Securities in 1983 to Premier Asset Finance 2023, but like most things in life it’s the people that have made the real difference and I would like to take this opportunity to thank all the fantastic colleagues, mentors, managers, industry associates and customers for making my career such a magical and hugely enjoyable experience.”
He continued: “Special mention to my brilliant team at Premier for their unwavering loyalty and undying commitment to making Premier the successful business it is today. You are simply the best and I will miss you all.”
Commenting on his appointment as Premier Asset Finance’s new Managing Director, Ken McKeating said: “I am delighted to be joining Premier Asset Finance and building on the good work of Kevin and his team. Backed by a wealth of industry knowledge and expertise, the Premier team is ready to deliver funding solutions to businesses and work with them to achieve greater and greater success in 2023. I can’t wait to get started and wish Kevin a long and enjoyable retirement.”
For further information contact:
Annette Coyle
Media Relations Executive
Tel: 0121 712 2526
www.premierassetfinance.co.uk
Notes to editors:
Premier Asset Finance is one of the UK’s leading providers of asset finance to UK businesses. With a wealth of industry knowledge and expertise, and an extensive funding panel, we deliver creative and competitive funding solutions that help you to invest and grow your business.
Premier Asset Finance Limited is authorised and regulated as a credit broker (including for consumer credit activity) and not as a lender, by the Financial Conduct Authority. Registered in England, number 06453431. Registered office: 51 Homer Road, Solihull, West Midlands B91 3QJ. Premier Asset Finance Ltd is registered on the Financial Services Register under the Firm Reference Number 728589.
We are not an independent financial advisor, but we can introduce you to a panel of lenders and their finance products. We will provide details of products available from the lenders we work with without advice or recommendation, and it is for you to decide whether the finance product is right for you. We do not charge you a fee for our services, however we do receive a commission from the lender if you decide to enter into an agreement with them (either a fixed fee or fixed percentage of the amount you borrow) and different lenders pay different rates. Premier Asset Finance is a wholly owned subsidiary of Paragon Bank Plc.