Credit Asset Management Ltd, London

Credit Asset Management Limited

Credit Asset Management Ltd (CAML) provides specialist asset finance to the SME market.

The company is led by a management team with many years of experience in the asset finance industry who believe market conditions to be favourable for new entrants with demand for asset-backed finance exceeding supply.

CAML is a joint venture company with City of London Group plc which is a closed-ended investment company specialising in the professional services and SME sectors. The Company is listed on the London Stock Exchange in and is classified as a closed-ended investment company pursuant to Rule 15 of the Listing Rules.

CAML and The City of London Group believes there are particular opportunities in the SME sector as major national and foreign banks continue to restrict new lending to small businesses and corporates notwithstanding Government initiatives such as Project Merlin.

Asset backed financing has traditionally accounted for a material amount of external funding to the SME Market which has been materially reduced since the banking crisis and credit crunch.

Find out more about City of London Group plc: www.cityoflondongroup.com

Senior Team

CAML is managed by an experienced executive team of asset finance professionals:

Michael Hughes – Managing Director

James Frost – Finance Director

Martin Parsons – Sales Director

Further senior appointments will be announced in early course.

The Company is governed by a Board comprising the Executive team and experienced non executives as follows:

John Kent – Acting Chief Executive,
City of London Group plc