Propel Finance logo — Propel is one of the UK’s largest independent finance houses...

Propel Finance

Propel is one of the UK’s largest independent finance houses. www.propelfinance.co.uk/terms-of-business

Founded 1996 United Kingdom Newport, United Kingdom 202 employees Debt Financing Total: $525.00M Finance, Financial Services

General Information

Company Name Propel Finance
Founded Year 1996
Location United Kingdom Newport, United Kingdom +1
Employees 202
Industries Finance, Financial Services
Funding Stage Debt Financing
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Sep 18, 2026

Propel Finance announced a sponsorship partnership with Barclays for the Barclays Business Banking Entrepreneur Awards 2026, where they are sponsoring the High Growth Award.

Major Customer Win Sep 17, 2026

Propel Finance announces a major customer win with Wallings Ice Cream, providing specialist equipment finance to support their growth in dairy farming and ice cream manufacturing.

Event Participation Sep 11, 2026

Propel Finance is participating in the Cardiff Half Marathon 2026 on October 4, 2026, with three colleagues running to raise funds for Noah's Ark Children's Hospital Charity.

About Propel Finance

Propel Finance, founded in 1996, is a substantial player in the UK finance sector, acting as one of the country's largest independent finance houses. With a focus on promoting business growth, Propel leverages technology and teamwork to offer advanced finance solutions tailored for business assets, equipment purchases, and vendor sales enhancement.

Underpinned by over two decades of expertise, Propel is distinguished by its commitment to evolving market services, aiming to deliver experiences that are personal, progressive, and partner-oriented. Their progressive ethos is reflected in their ambition to continually push the boundaries of available services.

The company received a significant £500.00M debt financing investment from reputable institutions such as Citigroup, Quilam Capital, and the British Business Bank as of August 22, 2022. Additionally, the firm's operations are regulated by the Financial Conduct Authority, reinforcing its credibility within the financial services industry.

Taxonomy: independent finance house, finance solutions, asset finance, business assets, equipment financing, vendor financing, progressive solutions, technology-driven services, regulated by FCA, SME financing, flexible lending, personalized financing

Services & Products

Asset Finance Solutions
Equipment Finance
Vehicle Financing
Integrated Finance Solutions
Tailored Finance Packages

Target Customers

Small and Medium Enterprises (SMEs) Vendors Brokers Commercial Vehicle and Equipment Buyers UK Business Customers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 3
Investor Investor Investor
22 Aug 2022
Private Equity Round •••••• 1
Investor
01 Jan 2014

Propel Finance Alternatives & Competitors

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FAQ About Propel Finance

Propel is one of the UK’s largest independent finance houses. www.propelfinance.co.uk/terms-of-business
Propel Finance was founded in 1996.
Propel Finance is headquartered in Newport, United Kingdom.
Propel Finance operates in the following industries: Finance, Financial Services.
Propel Finance has approximately 202 employees.
Propel Finance has completed 2 funding rounds, raising a total of $525.00M. The latest funding stage is Debt Financing.
Propel Finance offers: Asset Finance Solutions, Equipment Finance, Vehicle Financing, Integrated Finance Solutions, Tailored Finance Packages.
Top alternatives and competitors to Propel Finance include Lendocity, Targeted Lending Co., LLC, equipal, Think Money Finance Ltd., Stoke Inventory Partners Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Propel Finance and Lendocity are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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