SME funder Simply is expanding the range of vehicles and machinery offered to potential buyers through its site by listing third-party assets.
Simply Market is an extension of Simply Stock, where the finance company sells its own used assets.
The new site will offer a selection of carefully curated equipment to help existing customers and partners sell equipment they no longer need.
The third-party assets will be listed for one month before they are handed back to the owner for alternative sales routes. Buyers will be able to search by asset type and location and if they want to discuss a purchase, then a Simply sales manager will put them in touch with the seller.
Mike Randall (pictured), chief executive officer of Simply, said: “We set up Simply in order to support SMEs across the UK and, whilst funding is our heartland, we are always looking for additional ways to help customers and partners. “Simply Market is a natural evolution of what we already do with Simply Stock – connecting assets with buyers.
"Buyers will now have access to a greater range of assets and sellers will be able to market their equipment to a wider audience. It’s all about creating a more efficient customer experience.”
Last year, Simply was named European Equipment Finance Lessor of the Year at the International Finance Network Awards and entered the Asset Finance UK 50 for the first time.
Ylva Oertengren, Simply's chief operating officer, was awarded the inaugural Women in Leasing Award at the International Asset Finance Network Awards in December 2019. The Women in Leasing Award was created to recognise the importance of diversity in the asset finance industry.