Propel Finance PLC

Asset finance for UK SMEs covering equipment, vehicles and green assets, plus embedded finance for vendors

Langstone Park Langstone, United KingdomFounded 2000propelfinance.co.ukWebsite technologies

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Highlights

  • New on EvolcAdded 2026-10-28

About Propel Finance PLC

Propel Finance PLC is a UK asset finance lender. It provides finance lease, hire purchase and asset refinance for equipment, technology, machinery and commercial vehicles, with green finance options and PropelPay, a digital finance option that vendors can offer at online checkout.

Its customers are small and medium-sized businesses across sectors including construction, manufacturing, retail, transport, agriculture and healthcare. Propel works directly with businesses and through UK vendors, brokers and strategic partners such as Barclays Business Banking and Azets.

The company is headquartered in Langstone, UK, and was founded in 2000. Its website states 30 years of experience, more than 50,000 UK business customers, £2.009Bn in total finance provided and a 9.7/10 customer satisfaction score. It was recognised in the Asset Finance UK 50 rankings as the fastest-growing UK asset finance lender in 2022 and 2023. Its private equity owner is Cabot Square Capital.

Product: Asset finance products: finance lease, hire purchase and asset refinance for business equipment and vehicles, plus green finance and PropelPay.

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Website technologies

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  • Bootstrap
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  • Tailwind CSS