Sparkfund client Kingston Capital Finance scoops ‘Best use of Technology’ award for funded research project
Recipients of one of the University of Hull’s first round of SparkFund Grants, Kingston Capital Finance, have won in the ‘Best use of Technology’ category in this year’s International Asset Finance Network (IAFN). The awards celebrate excellence and innovation within the fleet, retail motor and equipment finance industries.
The award recognises Kingston Capital’s b2b product which is called ‘Synergi Partner Finance’. This is a sales aid finance tool offering technology businesses a flexible point of sale finance option for their customers. The business has a strong customer service focus and ambition to positively disrupt the ‘sales aid finance’ industry.
SparkFund is an innovation support and grants programme that helps small to medium sized business based in the Humber, York and North Yorkshire region to improve or develop exciting new products, services or processes. SparkFund is funded by the European Regional Development Fund and delivered by the University of Hull. With three match-funding schemes and expert advice SparkFund is there to help SMEs with aspirations to move forward.
“SparkFund is designed to support small business to unlock their innovation potential and Kingston Capital Finance is a great illustration of what can happen when the vision and drive of a growing company is supported. It’s a little over a year since our first contact and it’s been very exciting to support them and watch their vision become real. This award is well deserved and we look forward to supporting the team in the future”. Pauline Mitchell, SparkFund Programme Manager at the University of Hull.
Kingston Capital Finance was founded three years ago by Rob Partridge. In addition to the Synergi Partner Finance product the business offers a complete asset and commercial finance service for businesses who are frustrated with accessing funds from traditional sources.
“To be nominated for an International Award alone is testament to the hard work that has gone into developing the Synergi Partner Portal, but to win is such an honour as there was tough competition from much larger organisations with the budgets to match.
The Synergi Partner Portal has been developed by Lincoln based Synergi Tech. It’s fantastic to work with another local business to compete on the national and international stage with our innovative finance product. The SparkFund enabled us to get the project off the ground and we couldn’t have achieved all that we have without their support.
Innovation comes from collaboration. The platform that we call ‘Synergi’ brings together SMEs, Value Added Resellers (VARs), lenders and eventually investors to achieve their business objectives. We are very proud of what we have achieved” Rob Partridge – Managing Director, Kingston Capital Finance.