Affinity agrees funding deal with leading CNC machine tool business
Picture shows (L-R): Tom Adams (Affinity), Simon Whitworth (Ward CNC), Stephen Bodsworth (Ward CNC) and Neil Kimberley (Affinity)
Nottinghamshire-based Affinity Asset Finance has struck a strategic partnership with one of the UK’s leading suppliers of CNC machine tools.
The deal will allow Sheffield-based T W Ward CNC Machinery (Ward CNC) to offer its customers a range of flexible machinery financing options, with Affinity acting as their FCA authorised finance provider.
Affinity director Neil Kimberley said: “We are delighted to announce our preferred finance partner status with T W Ward CNC Machinery Ltd, who are one of the UK’s leading suppliers of high-quality CNC machine tools across multiple engineering services.
“It has been over a year since we began working together and our partnership has continued to flourish as we have worked closely with Ward’s extensive customer base on a variety of finance solutions.”
“We see Ward CNC as a valued partner to our business and we’re sure our relationship will continue to strengthen over the coming years”, he added.
With over 140 years of heritage, Ward CNC currently employs over 30 people across its sites in Sheffield and Redditch. It is the sole UK distributor for major global machine tool manufacturers including Hyundai-Wia, Hartford, Soraluce, Takisawa and Hankook.
Simon Whitworth, managing director at Ward CNC, said: “Our new partnership with the team at Affinity is going to be hugely valuable to our customer base. Many of them will have already worked with Affinity to finance purchases from us since we began working together back in early 2022.”
He continued: “This new partnership will help us to further develop our service offering and mean that we are not tied to any one lender or bank. Therefore, customers are assured that they can access the broadest range of funding/finance packages and deals available on the market, and we can offer extremely flexible terms and attractive finance arrangements for them. It is fantastic news for our customers and of course, for us here at Ward CNC too.”
