DND Finance is an Anglo-Canadian business providing finance across the business loan, vehicle, equipment finance, and leasing markets.[1] Founded in 2000 by Bill Dost in Canada as D&D Leasing, the business expanded to the United Kingdom in 2009.[2] The business rebranded to DND Finance in 2019 as it expanded its operations beyond leasing.[3][4][5]

Activities

In August 2018, the business obtained a £20m wholesale funding facility from Wesleyan Bank to enable lending to British SMEs.[2][6][7]

In 2019, DND Finance agreed a multi-year financing agreement with cosmetics platform Aqiok in order to help the firm develop a lending app.[8][9] In the same year, DND Finance also provided $1 million to Canadian funding solution provider Benjamin Verde, an artist and entertainment funding solutions provider.[1][10][11]

In 2022, DND Finance launched the Score Mastercard, which was reported to be the UK's first Shariah-certified credit card.[12][13] This followed the launch of DND's Secured Charge Card by Visa in 2019.[11][10][6]

In 2022, DND Finance Managing Director Bill Dost was appointed to the board of the Finance and Leasing Association of the United Kingdom.[14]

References

  1. 1 2 "DND Finance provides $1 million to entertainment finance company". www.assetfinanceinternational.com.
  2. 1 2 "D&D leasing: A foot on both sides of the pond". October 12, 2018.
  3. ↑ "D&D Leasing is now DND Finance- LeasingWorld – News". www.leasingworld.co.uk.
  4. ↑ "D&D Leasing Rebrands as DND Finance". 17 December 2018.
  5. ↑ "D&D Leasing to rebrand as DND Finance". December 14, 2018.
  6. 1 2 "DND Finance, Wesleyan Bank Sign £15MM GBP Asset Finance Facility - News | Equipment Finance Advisor". www.equipmentfa.com.
  7. ↑ "Wesleyan Bank supports DND Finance with £15 million asset finance facility". www.assetfinanceinternational.com.
  8. ↑ "Beauty boost: Finance lending app for luxury Indie Brands underway". cosmeticsdesign-europe.com. 13 August 2019.
  9. ↑ "DND Finance partners with Aqiok Partners as new leasing product for cosmetics industry expands in Europe and North America". www.assetfinanceinternational.com.
  10. 1 2 "DND Finance, Benjamin Verde Announce $1MM Artist Funding Facility - News | Equipment Finance Advisor". www.equipmentfa.com.
  11. 1 2 "DND in $1m artist funding- LeasingWorld - News". www.leasingworld.co.uk.
  12. ↑ July 2022, 6th (July 6, 2022). "DND Finance launches UK's first Shariah-certified credit card". FinTech Futures.{{cite web}}: CS1 maint: numeric names: authors list (link)
  13. ↑ "DND Finance unveils Shariah-compliant credit-building product". July 6, 2022.
  14. ↑ "FLA welcomes in 2022 with appointment of Simply CEO to board". January 4, 2022.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.