The name was then changed to Stoke Park Finance Limited and was merged with my sole trader business, Stoke Park Investments. This was in the early 1990’s following the recession. SPF then proceeded to purchase used contractors plant and equipment from the banks who were anxious to dispose of it at any price without knowing the real value. The plant was then rented to contractors in the South West with an option to purchase if they met the terms. Needless to say, it was all sold within a four year period and this gave SPF the seed capital in the early stages to enter the broker market.
Stoke Park Finance Limited hit the ground running.
I had a contact at Albion Automotive (the old Leyland DAF business) who asked me to assist in the buy-out of the main Albion plant in Glasgow and also in Leyland, and other contacts and business interests within the bus and coach industry and also the classic car industry which I had built up over the years. We plan to continue to develop our core markets whilst also expanding into new areas.We have a friendly and good humoured working environment and have the ability to support our customer base in all aspects of the finance and related markets. This can be demonstrated by the wealth of experience and educational base of SPF directors and staff.