Kingsley Asset Finance adopts verifi platform

Kingsley Asset Finance has announced a strategic partnership with verifi, selecting the company’s virtual inspection platform as part of its ongoing digital transformation journey.

By adopting verifi’s technology, Kingsley Asset Finance, founded in 1995, is set to further streamline its operations while maintaining the personal, relationship-driven service that has defined its success for more than 30 years.

The integration of the platform will enable the business to accelerate decision-making by reducing asset inspections from days to just minutes, ensuring faster credit decisions and the prompt release of funds. It will also strengthen risk management, with AI-powered tools and a secure closed-system environment that provide real-time insights on asset condition and existence while minimising fraud risk.

In addition, the platform’s versatility allows Kingsley to support a wide range of asset classes, from commercial vehicles to manufacturing and construction equipment, reinforcing its commitment to funding diverse sectors often overlooked by mainstream banks.

Jonathan Garnett, co-founder of verifi, said: “The UK asset finance market is undergoing a significant digital shift, with lenders increasingly focused on operational efficiency, customer experience, and fraud prevention.

“Our platform empowers Kingsley Asset Finance to not only make faster, data-driven decisions but also to deliver a more seamless and modern service to their customers. Our ability to provide reliable, real-time data on asset existence and condition gives Kingsley Asset Finance a powerful tool to manage risk and stay ahead in a competitive landscape.

“We are delighted to partner with a forward-thinking firm like Kingsley Asset Finance that is committed to leading the industry’s digital evolution,” he added.

Jonathan Smith, Managing Director at Kingsley Asset Finance, added: “We’re pleased to be partnering with verifi. We have become known for our speed of service and using this platform will allow us to make those credit decisions and get funds to our customers even faster.

“As a business that is over 30 years old, we are always looking for ways to refine our processes and services and keep up to date in an ever-changing technological world.”