Credit Asset Management (CAML)

Credit Asset Management provides asset finance for the SME sector as well as commercial loans particularly to the professions sector. COLG believes that current market conditions favours new niche entrants, particularly for asset finance, where demand is believed to exceed supply for the foreseeable future.

CAML is run by a highly experienced executive team which includes Michael Hughes (CEO), James Frost (FD), and Martin Parsons (Sales Director) who together, between 2005 and 2008, successfully grew Universal Leasing ("UL"), to over £200 million of assets.

Distribution is predominantly through intermediaries and contacts previously established by Michael, James and Martin. Management believes market conditions to be favourable for new entrants, with demand for asset-backed finance exceeding supply.

CAML also provides financing to the core professions sectors of Accountants; Solicitors; Barristers; Dentists; Pharmacists; Doctors; Opticians and Veterinarians.

The CAML management team have many years of experience in the professions sector and believe prevailing market conditions are propitious, as the demand in this established and significant sector is not currently being adequately supported by the traditional banking community.

CAML believes that current circumstances are favourable to supporting financing solutions for both short term working capital loans on either a secured or unsecured basis and longer term leasing for capital equipment acquisition. All financing solutions are at fixed interest rates, utilising industry recognised standard documentation.