SME funder Simply has begun to list third party assets on the Simply site.
The decision both expands the range of vehicles and machinery available to potential buyers and also helps existing customers and partners sell the kit they no longer need.
Simply Market – an extension of Simply Stock, Simply’s own used assets for sale page – will take a curated approach in terms of how these items will be added. All equipment will be selected, in a move to help keep quality high and finance will be available for purchased stock. The third-party assets will have an expiry date of one month, before they are handed back to the owner for alternative sales routes.
Simply says the initiative will grow organically and, over time, more assets will be added as Simply sees how popular certain pieces of kit are. Buyers will be able to search by asset type and location, and once they have found an asset they are interested in, a relevant sales manager will put them in touch with the seller.
Mike Randall, CEO of Simply, said: “We set up Simply in order to support SMEs across the UK and, whilst funding is our heartland, we are always looking for additional ways to help customers and partners. Simply Market is a natural evolution of what we already do with Simply Stock – connecting assets with buyers.
“Buyers will now have access to a greater range of assets and sellers will be able to market their equipment to a wider audience. It’s all about creating a more efficient customer experience.”