Summit Asset Management
77.5% owned by Summit Group
Summit Asset Management is a leading provider of innovative leasing solutions to the information technology, telecommunications and medical equipment sectors as well as specialist environmental plant and machinery and modular buildings.
Summit Asset Management’s products include operating leases, short term rental and asset financing for service based contracts. These are delivered through vendor finance programmes, direct marketing (typically for top 500 FTSE companies) and service provider relationships.
In 2010, Summit Asset Management formalised its involvement in the modular building sector by entering into a 50:50 joint venture (BOSHire Limited) with a manufacturer and refurbisher of these types of buildings. BOSHire will focus on letting modular buildings to local authorities, schools, doctors' surgeries and other public sector bodies on short and medium terms.