13 C
Manchester
Saturday, June 7, 2025
PartnershipsPMD to support RHA members with flexible funding

PMD to support RHA members with flexible funding

PMD begins a strategic partnership with the RHA, the trade association of choice for all operators of commercial vehicles, giving its members access to the widest panel of funding lines available in the market.

Manchester based PMD Business Finance is one of the UK’s leading independent providers of business finance and is now lending over £150m each year to UK businesses. With access to over 100 trusted funders from high street banks, alternative lenders, through to boutique finance providers, PMD supports over 10,000 SME businesses, 3,000 of which fall within haulage and transportation.

As banks regress, the alternative finance sector continues to grow and become a more trusted provider of SME business finance. As part of the partnership, PMD will provide RHA members with access to multiple funding lines, ensuring they are never over exposed to one funding source for asset purchases.

Peter Dobson, Managing Director at PMD, said:
“We are proud to begin our partnership with the RHA to develop the Business Finance remit offered to its members, including our innovative benchmarking service. The alternative finance marketplace continues to grow, and PMD is perfectly positioned to guide operators through the ever-changing financial landscape.”

The dedicated PMD team will provide members with support above and beyond asset finance as their specialisms include invoice finance, loans, acquisitions, property and supplier led finance.

Peter adds:
“The partnership comes soon after the Chancellor’s announcement of Super-deduction Annual Investment Allowance in the Spring Budget. Savings of up to £24,700, on assets costing £100,000, are there to be had over the next two years – a true incentive for operators considering investing in new plant and machinery and commercial vehicles.
“With access to over 100 funders, PMD is as close to the funding world as a business can get and I am confident in the support we can offer.”

Pete Short, Head of Business Development at the RHA, comments on the new partnership:
“We are excited to be launching RHA Business Finance driven by PMD. This partnership will ensure our members have access to the best-in-class business finance solutions, to help them recover after such a difficult year for businesses, but ultimately to grow and thrive as businesses in the future. The expertise PMD can bring to the table will be essential for helping operators navigate much needed financial support.”

Latest

Bouquet basics for Dad: Flower expert shares how to make those Father’s Day blooms last

A flower expert has revealed his top tips for dads to look after their blooms if they receive them for Father’s Day. Colourful bouquets and...

The Kim Jong Un Billboard That’s Shaking Up Manchester’s Fashion Scene

An eye-catching new billboard in Manchester featuring North Korea’s leader is challenging norms—and turning sustainable fashion on its head. A giant image of Kim Jong...

Heat Engineer Software Limited receives significant investment from Greenarc

Heat Engineer Software, the Lancashire based company at the forefront of heat loss calculations and the sizing of both renewable and traditional heating equipment,...

Pioneering project to change way people travel in Britain

A pioneering project is set to transform how people explore and move across Britain and Ireland. Slow Ways, a non-profit Community Interest Company, has already...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Pioneering project to change way people travel in Britain

A pioneering project is set to transform how people explore and move across Britain and Ireland. Slow Ways, a non-profit Community Interest Company, has already...

Bouquet basics for Dad: Flower expert shares how to make those Father’s Day blooms last

A flower expert has revealed his top tips for dads to look after their blooms if they receive them for Father’s Day. Colourful bouquets and...

Heat Engineer Software Limited receives significant investment from Greenarc

Heat Engineer Software, the Lancashire based company at the forefront of heat loss calculations and the sizing of both renewable and traditional heating equipment,...

The Kim Jong Un Billboard That’s Shaking Up Manchester’s Fashion Scene

An eye-catching new billboard in Manchester featuring North Korea’s leader is challenging norms—and turning sustainable fashion on its head. A giant image of Kim Jong...

More News

Experts reveal the signs your partnership might not survive Christmas

The festive season can put extra strain on any relationship – especially for those already struggling to get along. Hectic schedules, financial pressures and family...

Pareto Announces Strategic Partnership with M&A Expert KBS Corporate

Pareto Financial Planning, the award-winning Manchester-based financial services business, today announces the signing of a strategic partnership with KBS Corporate, a leading sales advisor...

Manchester Tech Festival Partners with Community Computers

The partnership seeks to tackle digital inclusion in Greater Manchester, where 1 in 5 people currently lack access to digital resources. Manchester Tech Festival has...