We are a privately owned and self-funded private lender specialising in short term cash flow lending to small and medium sized enterprises (SME’s).
Founded in 2018 our aim is to offer competitive, fast and transparent business loans as quickly and efficiently as possible to small businesses who are often left without support from traditional clearing banks.
We like to get to know our clients and understand their businesses and aspirations and that we can develop long and mutually beneficial long terms relationships.
Our business is based in Newquay, Cornwall and we are geographically focused on the South West of England.
Founder – Alan E Tutte
Having joined the Merchant Navy after leaving college to train as a Marine Engineering Officer Alan decided to retrain and joined NWS Bank Plc in 1987 as a trainee in their branch in Truro, Cornwall. He quickly climbed the ranks and became one of the Country’s leading Branch Managers based in London. In 1997 Alan left to set up a finance brokerage with a good friend and colleague in Bath which soon became one of the country’s leading asset finance brokerages. In 2005 following a relocation to Cornwall he founded Ignition Credit PLC which was a hydrid lender/broker this business was successfully sold to Star Asset Finance in 2015 which is backed by a European Private Equity fund.
In his spare time Alan is a passionate car and motorcycle enthusiast and his hobbies include Sailing, Walking, Dining Out and travel.