Dawsongroup Finance has ‘exceptional year’
Dawsongroup Finance, a Ringwood-based asset finance company, reports an exceptional year of growth despite the economic issues, with a growing team and new financial heights reached.
Since the start of the year, the company has expanded its team by 50%, taking on four sales team members and one operations team member. It has also closed a record number of deals, and reached internal profit goals well before the financial year end. The business’ client base increased by 45 clients this year alone.
April is currently the best-performing month of the year for the company, with the trend continuing with its current closed deals sitting at 164, which it says equates to one deal per day this year alone. The company has surpassed its annual profit goal, and hit 117% of its target by July.
Additionally, the company has been named as finalists for two awards: The British Business Awards and Asset Finance Connect Summer Awards 2023.
“The success that we have seen this year is a great testament to the businesses who are playing it smart, by remembering that cash is king in order to survive and continue to grow” – Kevin Wills, Managing Director at Dawsongroup Finance
Kevin Wills, Managing Director at Dawsongroup Finance, said: “This year has brought many exciting milestones, and I am exceptionally proud of everything we have achieved. From bringing on new team members to keep up with the high demand, reaching internal goals well before the end of the financial year, and being named as finalists in two prestigious awards – 2023 may be one of the best years we have had yet.
“The success that we have seen this year is a great testament to the businesses who are playing it smart, by remembering that cash is king in order to survive and continue to grow. We are seeing businesses feeling more assured and positive about the future, making use of our smart finance solutions to secure the assets they need to thrive and grow.”
Building on its traditional base of hard and wheeled assets, Dawsongroup Finance is now branching out into financing sustainable energy equipment, working with newly formed sister company Dawsongroup Power Solutions.
“Watching Dawsongroup Finance grow and exceed expectations over the past five years has been incredibly rewarding” – Matthew Bull, Commercial Manager at Dawsongroup Finance
Matthew Bull, Commercial Manager at Dawsongroup Finance, said: “Watching Dawsongroup Finance grow and exceed expectations over the past five years has been incredibly rewarding and this financial year has been beyond exceptional – and I am positive that it will continue to get better from here.
“Our team is working on several exciting things, including branching out even further into the renewable energy sector, which we are expecting to bring incredible business for not only our division but the whole group.”
The Dawsongroup Finance team has also been giving back to its local community, having sponsored events including the first-ever Ringwood Business Awards and the Ringwood Carnival. Kevin Wills also participated in a 60 km hike on the Tour de Fiz, raising over £58,000 for the Millimetres 2 Mountains charity.