Credit Asset Management (CAML)
Credit Asset Management provides specialist asset finance for the SME sector. COLG believes that current market conditions favour new 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 2006 and 2009, successfully grew Universal Leasing ("UL"), a professional services leasing business, to over £200 million of assets.
Distribution is through intermediaries and contacts previously established by Michael Hughes, James Frost and Martin Parsons. Management believes market conditions to be favourable for new entrants, with demand for asset-backed finance exceeding supply.