InterBay Asset Finance
UK specialist asset finance provider offering Hire Purchase, Finance Lease, and Refinance products to SMEs across 13 industry verticals, distributed exclusively through commercial finance brokers as a division of FTSE 250 lender OSB Group plc.
- Company typePrivate
- Founded2018
- HeadquartersFleet, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What InterBay Asset Finance does
InterBay Asset Finance is a UK-based specialist asset finance provider, founded in October 2018 as the dedicated asset finance division of OSB Group plc (formerly OneSavings Bank Group, a FTSE 250 specialist lender). The company offers three core products — Hire Purchase (typically 2–5 year terms, up to 7 years for long-life assets), Finance Lease (allowing VAT reclaim on monthly payments), and Refinance (unlocking capital against existing assets) — to UK small and medium-sized enterprises across 13 industry verticals including Construction, Manufacturing, Transport, Agriculture, Engineering, and Materials Handling. Distribution is exclusively broker-mediated: InterBay is a full member of the National Association of Commercial Finance Brokers (NACFB) and the Finance & Leasing Association, with Regional Sales Managers providing field-based deal-structuring support alongside an inside sales team offering direct underwriter access.
The business operates from a head office in Fleet, Hampshire and a registered office in Chatham, Kent (within the OSB Group structure), and serves customers nationwide. Its technology stack is described as standard financial-services infrastructure with no proprietary platforms, APIs, or developer-facing tooling disclosed; web presence relies on commodity analytics (Google Analytics, Microsoft Clarity). The company differentiates on speed (24-hour credit decisions), flexibility on credit and payment structures, and a stated commitment not to resolicit broker customers — features that have earned four consecutive shortlistings (2022–2024) at the Business Moneyfacts Awards for Best Service from an Asset Based Finance Provider.
Revenue is generated primarily through interest and fees on Hire Purchase, Finance Lease, and Refinance agreements, with quote-based pricing, monthly billing cadence, and flexible terms tailored to individual customer cash flow. Since inception, the company has processed over £1bn of new deal proposals and supported more than 1,400 UK SMEs, growing the team by 25% in 2023 and more than doubling it overall. Standalone financials are not publicly disclosed; InterBay consolidates into OSB Group plc's reporting, and the division is led by Managing Director Paul Fazakerley under Group Chief Commercial Officer Jon Hall.
InterBay Asset Finance firmographics
Firmographics- Name
- InterBay Asset Finance
- Legal name
- InterBay Asset Finance Limited
- Website
- https://interbayassetfinance.co.uk
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- UK specialist asset finance provider offering Hire Purchase, Finance Lease, and Refinance products to SMEs across 13 industry verticals, distributed exclusively through commercial finance brokers as a division of FTSE 250 lender OSB Group plc.
- Ownership category
- akta.pro rank
Where InterBay Asset Finance is headquartered
LocationHeadquarters
- HQ city
- Fleet
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
InterBay Asset Finance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Asset Finance Lending: InterBay Asset Finance generates revenue through interest and fees earned on asset finance agreements including Hire Purchase, Finance Lease, and Refinance products. Standard repayment terms are 2-5 years with up to 7-year terms available for long-life assets. The company offers agreements with little or no deposit required.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Customized asset finance solutions with flexible terms based on customer requirements |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
InterBay Asset Finance product offering
Product offeringCore offering
InterBay Asset Finance is a specialist UK asset finance provider offering Hire Purchase, Finance Lease, and Refinance solutions to small and medium-sized enterprises through a network of commercial finance brokers. Repayment terms range from 2 to 5 years (up to 7 years for long-life assets) on a quote-based, deposit-light basis, with credit decisions routinely delivered within 24 hours.
Product overview
InterBay Asset Finance is a specialist asset finance provider offering three core financing products: Hire Purchase (spreading asset costs over 2-7 years with eventual ownership), Finance Lease (flexible asset use without ownership, with VAT recovery benefits), and Refinance (unlocking capital from existing assets). The company serves 13 industry sectors including Construction, Manufacturing, Transport, Agriculture, Engineering, and Materials Handling, providing tailored financing solutions to UK SMEs through a network of brokers.
Differentiator
Problem solved
Functional benefit
Products and services
- Hire Purchase A Hire Purchase agreement that spreads the cost of an asset over an agreed term, allowing the business to budget more easily. Standard repayment terms are 2-5 years, with up to 7-year terms available for long-life assets, and agreements can be offered with little or no deposit.
- Finance Lease Finance Lease options offering flexibility that allow businesses to use assets without officially owning them. Customers can usually reclaim VAT on monthly payments and offset repayments against pre-tax profit, with multiple options available at the end of the term.
- Refinance A refinancing solution that helps businesses unlock the hidden value of assets they already own. It can be used to raise additional capital against assets, consolidate existing finance, or acquire a business.
Quantifiable outcome
- Deal proposals exceeding £1bn processed since 2018 inception
- +3 more outcomes
Companies that use InterBay Asset Finance
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles2 records
InterBay Asset Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
InterBay Asset Finance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Depaul UKcoreOSB Group and InterBay Asset Finance entered a two-year charity partnership with Depaul UK starting May 2023. Depaul UK provides services including emergency accommodation, longer-term housing, family mediation, education, training, and employment opportunities for young people facing homelessness. InterBay Asset Finance team also won £10,000 for Depaul UK by winning the AFPA Trust Big Quiz in May 2023.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
InterBay Asset Finance competitors and assessment
Company assessmentDirect peers
- Henry Howard Finance: UK specialist asset finance lender offering hire purchase, leasing, and refinancing to SMEs, distributed via broker and direct channels. Closely comparable in product offering, customer segment, and channel approach to InterBay.
- Simply Asset Finance: UK asset finance broker aligning SMEs with multiple asset finance lenders. Comparable to InterBay's broker-mediated business model, though operates as a broker rather than a direct funder.
- Novuna (formerly Hitachi Capital UK): One of the UK's largest asset finance providers offering hire purchase, finance lease, and refinancing across multiple SME verticals. Directly comparable to InterBay in product mix and target customer base, with similar broker-distribution motion.
- Haydock Finance: UK-based asset finance provider serving SMEs with hire purchase, finance lease, and refinancing solutions across multiple equipment verticals. Direct competitor in the broker channel with overlapping customer base.
Emerging players
- Praetura Commercial Finance: UK specialist asset-based and working capital lender serving SMEs across equipment, invoice, and growth finance. Comparable SME asset finance niche, but with regional (North West) emphasis and smaller scale.
- Together Money: UK specialist lender offering asset finance, bridging, and commercial lending to SMEs and individuals. Comparable customer segment but broader product range and different funding model.
- Allica Bank: UK SME challenger bank offering asset finance, commercial mortgages, and broader SME banking. Comparable SME customer segment and asset finance product set, but with a digital-first model and larger balance sheet.
Broad incumbents
- Bibby Financial Services: UK-based specialist SME finance provider offering asset finance, invoice finance, and broader commercial lending. Comparable in serving UK SMEs via broker/intermediary channels, but with broader product portfolio.
- Lombard (NatWest Group): Major UK asset finance arm of NatWest providing asset finance, leasing, and asset-based lending to UK businesses. Comparable product set but operates as part of a much larger incumbent bank with broader distribution and balance sheet.
- Aldermore Bank (Asset Finance): UK challenger bank's asset finance division offering hire purchase, leasing, and refinancing to SMEs. Similar SME focus and broker distribution, but with broader group banking capabilities and deeper capital base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
InterBay Asset Finance compliance and trust
Trust signalCompliance6 records
InterBay Asset Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
InterBay Asset Finance leadership team
Management profileNumber of profiles
Profiles5 records
InterBay Asset Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InterBay Asset Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about InterBay Asset Finance
What does InterBay Asset Finance do?
InterBay Asset Finance is a specialist UK asset finance provider offering Hire Purchase, Finance Lease, and Refinance solutions to small and medium-sized enterprises through a network of commercial finance brokers. Repayment terms range from 2 to 5 years (up to 7 years for long-life assets) on a quote-based, deposit-light basis, with credit decisions routinely delivered within 24 hours.
Is InterBay Asset Finance a public or private company?
InterBay Asset Finance is a private company. It is classified as corporate owned and is currently operating.
When was InterBay Asset Finance founded?
InterBay Asset Finance was founded in 2018. It employs 11 to 50 people.
Where is InterBay Asset Finance based?
InterBay Asset Finance is headquartered in Fleet, United Kingdom, in the Europe region.
How does InterBay Asset Finance make money?
One revenue line is on record: asset Finance Lending.
Who are InterBay Asset Finance's main competitors?
Direct peers on record are Henry Howard Finance, Simply Asset Finance, Novuna (formerly Hitachi Capital UK) and Haydock Finance. Emerging players are Praetura Commercial Finance, Together Money and Allica Bank. Broad incumbents are Bibby Financial Services, Lombard (NatWest Group) and Aldermore Bank (Asset Finance).
Does InterBay Asset Finance have an API?
No public API is recorded for InterBay Asset Finance.