Siemens Financial Services

Siemens Financial Services provides a wide range of business finance solutions to UK organisations of all sizes – from the very largest FTSE 100 corporates to sole traders, NHS trusts, churches, charities and local authorities amongst many others. With more than 250,000 customers Siemens has arranged finance for 90 of the current FTSE 100 companies and more than 50% of NHS trusts and local authorities.

The business provides solutions ranging from £1,000 to many millions for a diverse range of financing needs, including equipment and asset finance, treasury services and working capital finance.

Siemens is independently recognised as a business finance leader in a number of its core markets. Amongst its many accolades Digital Networks Limited (DNL), a supplier of marketing and online services to the asset finance industry, published research highlighting the business as the leading provider of asset finance to the public sector. Siemens was also named company of the year at the 2006 Auto Vending Innovation Awards.

Siemens Financial Services has more than 270 employees and is headquartered in Stoke Poges, Buckinghamshire. It also has offices in Bristol, Wilmslow, Stansted and Havant.

The company is part of Siemens Financial Services GmbH which is itself a subsidiary of Siemens AG. The company’s global headquarters is in Munich, Germany.

Use of the internet

As part of a technology company, it is perhaps not surprising that Siemens Financial Services has pioneered online self service tools within the leasing and business finance industry. In 2001 the company launched the market’s first online lease proposal tool – ease-elease – which for many years has been acknowledged as industry leading. [1]

In addition its motor contracts division has an online vehicle lease quotation tool about which industry publication Motor Finance said, "Siemens online motor contract tool is arguably the most sophisticated in the UK." [2]

Research

The company is a prolific research and report writer. Just some of the research reports it has written over the past four years include:-

Competition

Siemens Financial Services is a member of the Finance and Leasing Association. Its major competitors in the UK include among many others:-

* GE
* ING Group
* BNP Paribas
* Singer & Friedlander

External links

* [http://www.siemens.co.uk Siemens UK]
* [http://www.siemens.com Siemens AG]
* [http://www.siemens.co.uk/financialservices Siemens Financial Services UK]
* [http://www.fla.org.uk Finance and Leasing association]

References

; Footnotes
# Business Equipment Digest Awards 2003 and 2004
# Motor Finance magazine, June 2007;