About Us

Phoenix Financing is a fresh disruptive digital entrant to the lending market with over 30 years of commercial expertise and is supported by a team of dedicated professionals who make quick commercial decisions to ensure that value and opportunity can be preserved and enhanced.

At its core, Phoenix Financing specialises in secured lending to businesses with products ranging from Bridging Lending to Invoice Finance and Merchant Cash Advances. All of the lending activity is conducted on an unregulated basis.

Meet the CEO

David Craven

Chairman and CEO

David brings broad commercial expertise at Board and C-level to M&A experience, and a proven track-record delivering investor returns. Having held senior roles with News Corporation, UPC Media and Trinity Newspapers, David was Group MD of the Tote for six years and co-managed its privatisation in 2011, and held senior executive roles at UK Betting Plc and Wembley Plc.

Previously, David was a co-founder of broadband and interactive TV media group, UPC Chello which floated in 1999 for $1.5bn, a co-founder of LineOne which was sold to Tiscali for £60m in 2001. David jointly led the successful buy-out of Renovo Plc which later became market-leading SME lender The Ultimate Finance Group which David chaired for three years.

Since the acquisition in 2015, Ultimate Finance grew its lending products to UK SMEs by over 400% with double digit year-on-year growth across all products. In 2018, the group advanced £1.4bn, returning agreed coupons to up-stream lenders Tavistock Group, RBS, British Business Bank and Lloyds, compared to around £360m advanced in 2015.

David recently led the successful bid to operate the Fourth National Lottery Licence deposing the long-term incumbent operator Camelot.

Our lending process

Client Testomonials