Bell Partners Finance launches asset finance arm

Bell Partners Finance managing director and billion-dollar broker Mark Stevenson said that the new division will partner with accountants and financial advisers as well as working closely with the company’s business clients.

Stevenson said: “At Bell Partners Finance we want to be able to provide business borrowers with the best possible service offering.”

According to Peios, small- to medium-sized enterprise (SME) businesses looking for loans were “not well serviced by banks”.

He continued: “They rarely have any understanding of business and how it operates, whereas a broker who specialises in asset and business finance will be on the same wavelength as the business operator.

“Also, a broker will be in a much better position to offer a business operator the all-important long-term support.

“Once the finance commences, brokers help clients manage their finance contracts for the life of the term.”

Patacsil said he has noticed that accountants have been partnering with business and asset finance brokers to guarantee that clients are receiving the most appropriate financial advice.

He explained: “The partnership between an accountant and a broker can result in the client accessing better finance solutions with significantly less effort from the client.

“The broker can also provide all the required documents to the accountants, streamlining the bookkeeping and accounting for the client’s asset purchase.”

Peios specialises in asset finance, consumer lending, and providing unsecured commercial lending for small- to medium-sized enterprises (SMEs) and has settled $16 million in loans in one month, according to Bell Partners Finance.

Patacsil has experience in asset finance as a car loan specialist with CarClarity and served as a customer success manager with Prospa, where he set a record of $5 million in business loans settled in June 2022, according to the broker.

Speaking on Peios and Patacsil’s appointment, Stevenson said: “If you are a client of Arthur’s you can expect attention to detail, and someone going above and beyond for each and every client.

“Patrick relishes enabling small-business owners to achieve their needs and business goals, whether it is to hire more staff or simply to invest in new equipment to take their business to new heights.”

[Related: Billion Dollar Broker: How Mark Stevenson, Bell Partners Finance, settled $1bn in loans]