Financing solutions
for your

Funding the assets which grow your business

Business to business lender
focused on supporting SMEs

Strengthening relationships across the uk and europe

Tailored products
bespoke leasing solutions

Providing finance across a range of asset classes

Employing industry experts
with the latest processes

Ensuring the customer journey is seamless

Business without borders
employing over
500 staff

Providing financial assistance across 11 countries

PEAC Finance is an independent provider of asset financing in the UK, with a client base exceeding 20,000 unique customers.

PEAC Finance (Pan-European Asset Company) provide leasing solutions across a broad range of asset classes, from business equipment to plant and machinery. We offer fast and effective financing solutions to equipment manufacturers, dealers and distributors with transactions varying in size from £1,000 up to £3 million.

PEAC Finance is a Business to Business (B2B) lender focussed on supporting SME’s with their financing requirements. We are also expanding and strengthening our long-standing relationships across more than 250 partners, brokers and vendors in both the UK and Europe.

PEAC Finance is ultimately owned by HPS Investment Partners LLC, a leading global investment firm with a focus on non-investment grade credit and headquartered in New York with a European office based in London. As of March 2017, HPS has approximately $39 billion of assets under management.

In March 2018, HPS acquired IKB Leasing from its German parent bank IKB. This will shortly be rebranded into PEAC and will give coverage across 11 European countries.

Senior Leadership Team

John Phillipou

John Phillipou

Chief Executive Officer

John joined PEAC as Chief Executive Officer in May 2017. With more than 25 years’ experience in asset finance, he has also managed insurance businesses in parallel and held several board positions in both UK based and international leasing companies.

Oliver Greenslade

Oliver Greenslade

Director of Credit

Oliver joined PEAC as Director of Credit in October 2017. Prior to joining PEAC, Oliver was Head of Credit & Risk for Investec Asset Finance. Oliver has also held prior roles at Mizuho, RBS and Deloitte as well as being a Chartered Corporate Treasurer.

Louise O’Connell

Louise O’Connell

Chief Operating Officer

Louise has been with PEAC for over 15 years holding a variety of pan-European positions in Operations and IT having over 20 years’ experience in financial services, specialising in IT and Operations service delivery and efficiency.

Steve Charlton

Steve Charlton

Chief Financial Officer

Steve joined PEAC as Chief Financial Officer in January 2016. Steve is a Chartered Accountant, having trained with Price Waterhouse in London, and has more than 30 years’ senior financial management and Board level experience within the financial services and real estate sectors.

Who we work with

PEAC provide asset finance and leasing solutions to businesses. We work with a wide variety of clients across many industries. We handle transactions for both Hard and Soft Assets.

Hard assets encompass tangible and recognisable equipment which has both a clear resale value and are income earning assets for the users. We aim to work in specific sectors which includes (but are not limited to); construction, transport, agriculture, materials handling, industrial equipment and much more.

Soft assets include equipment classes where the inherent value over time is shared between the equipment and the value in the usage. This includes Reprographics, office equipment, IT/computer equipment software, Telecommunications and much more.


PEAC has a successful background of working in partnership with manufacturers, dealers, resellers etc. to help them develop their businesses.

This ranges from simple referral programmes to fully integrated and branded partnerships arrangements.

PEAC provide its vendors with access to the latest front-end technology. This enables proposals to be professionally and effectively handled and can include fully automated underwriting, digital signatures and same day payouts. We continue to invest and look ahead to ensure we provide products and user experience matching your customers changing needs in a digital world.

PEAC will work with you to match your business strategy. This can include finance campaigns to support specific products, strategies to increase or defend your market share, residual value solutions to ensure your products retain a recognised market value in the used equipment market.

We employ industry specialists both in sales and our back office who it only understand asset finance but also know your specific industry, how things work, how to interact in that sector and how to seamlessly support your business.

For more details, please contact us on 0845 600 2886


PEAC work with brokers and intermediaries in both the soft asset and hard asset arenas. We apply the highest standards to broker business and look to work with professional, ambitious introducers who understand the long term value of a lender relationship.

We offer our brokers access to our point of sale proposal system which can also include automatic underwriting processes for many deals. We also have an experienced team of underwriters who will discuss the deal with you and can talk through proposals/accounts with a client as required.

PEAC are looking for a fair share of quality proposals from its introducers. We believe our system, people, service and our ability to work across various asset classes brings something different to the broker/introducer markets.

We work individually with each broker to understand their funding requirements, business plans, relationship with other providers and then we tailor a trading agreement to optimise approvals, minimise losses to live a true partnership approach.

For more details, please contact us on 0845 600 2898


Whether a customer has been introduced to PEAC via a vendor, a broker/introducer or through a direct meeting with our staff, they are the key relationship for our business.

PEAC is bringing the latest technology; the most dynamic leasing people and a well funded investor to the SME market. Every customer is important to us and we believe the finance journey does not end once a transaction goes live…that is just the start of a customer relationship.

Our front office for supporting sales and assessing proposals is based out of Bracknell, UK and is further supported by our service centre in Dublin which handles all agreements once they are activated.

This ensure we give local service to the clients when they most need it but have a service driven business unit focussed on ensuring that our customers get the best service at all times.

We offer a range of financial products including (but not limited to);

  • Hire Purchase
  • Finance Lease
  • Operating Lease
  • Specialist Loans

We can also tailor products to suit a client’s needs.

For more details, please contact us on 0845 600 2916

How we deliver

As an independent finance company, we aim to provide a fast, dynamic and most of all effective service to our clients without the cumbersome internal systems of many large financial organisations.

We employ industry experts and combine their skills with the latest processes to make the customer journey efficient without being faceless.

Agility is the key and for most sectors we provide an established and proven online scorecard which gives instant credit decisions. This processes thousands of deals per month and the infrastructure is in place to accommodate high volumes of smaller ticket deals.

We also retain underwriting expertise which means that many deals which need a human touch are given due consideration by our experienced team. This ensures customers can discuss the credit decisioning and also ensures that we consider all variables which contribute to a transaction.

We like Assets…

We finance investment items. This could be a photocopier, Heavy Commercial Vehicle, laptop, machine tool or many other items across the UK industry spectrum. Our approach is to understand what the asset means for the business and for items with recognised used resale values, we will incorporate these values into our decision making process.

We also consider…
  • Schools Leasing – with documentation and products in line with the government guidelines
  • Software Leasing – we can do 100% software leasing using standard documentation
  • Stage Payments – available for larger deals where the project requires release of funds at key milestones
  • Residual Values – expertise in both behavioural and hard residual value setting
We invest for the future…

PEAC use the latest technology and have invested in Alfa as our leasing system providing full integration from online proposal to document activation and accounting. The business is also future proofed to ensure we can provide the interface solution to match 21st Century requirements.

Contact us

PEAC (UK) Limited

+44 (0)1344 383700

+44 (0)845 600 0305

Inspired, Easthampstead Road
Bracknell RG12 1YQ

PEAC (Ireland) DAC

0845 600 2916

0845 609 0043

Block 2, Blackrock Business Park
Carysfort Avenue, Blackrock
Co. Dublin, A94 H2X4
Republic of Ireland

*Calls cost 0p per minute plus your phone company’s access charge.

Customer Complaints Policy

At PEAC, it is important to us that our customers are satisfied with the services we provide. PEAC is committed to hearing customers’ suggestions and resolving any complaints customers may have in an efficient and fair manner.

Our Data Protection Officer can be contacted at the addresses shown in the Contact Us above.

Financial Ombudsman Service

Any financial services complaints we cannot resolve may be referred to the Financial Ombudsman Service.

Learn more