DND Finance
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DND Finance is an Anglo-Canadian business providing finance across the business loan,
vehicle A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), wa ...
, equipment finance, and leasing markets. Founded in 2000 by Bill Dost in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
as D&D Leasing, the business expanded to the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
in 2009. The business rebranded to DND Finance in 2019 as it expanded its operations beyond leasing.


Activities

In August 2018, the business obtained a £20m wholesale funding facility from Wesleyan Bank to enable lending to British
SMEs Superconducting magnetic energy storage (SMES) systems store energy in the magnetic field created by the flow of direct current in a Superconductivity, superconducting coil which has been Cryogenics, cryogenically cooled to a temperature below ...
. In 2019, DND Finance agreed a multi-year financing agreement with
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platform Aqiok in order to help the firm develop a lending app. In the same year, DND Finance also provided $1 million to Canadian funding solution provider Benjamin Verde, an artist and entertainment funding solutions provider. In 2022, DND Finance launched the Score Mastercard, which was reported to be the UK's first
Shariah Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the religious precepts of Islam and is based on the sacred scriptures of Islam, particularly the Quran and the H ...
-certified
credit card A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the o ...
. This followed the launch of DND's Secured
Charge Card A charge card is a type of credit card that enables the cardholder to make purchases which are paid for by the card issuer, to whom the cardholder becomes indebted. The cardholder is obligated to repay the debt to the card issuer in full by the ...
by
Visa Visa most commonly refers to: *Visa Inc., a US multinational financial and payment cards company ** Visa Debit card issued by the above company ** Visa Electron, a debit card ** Visa Plus, an interbank network *Travel visa, a document that allows ...
in 2019. In 2022, DND Finance Managing Director Bill Dost was appointed to the board of the Finance and Leasing Association of the United Kingdom.


References

Financial services companies of Canada Leasing companies Companies established in 2000 {{UK-finance-company-stub