A NEW partnership between two firms will allow more businesses, community groups and private individuals to obtain shipping containers through leasing arrangements.

Parsons Containers has secured a licence from the Financial Conduct Authority to refer potential customers who need finance to Kennet Equipment Leasing Limited.

Based in Sedgefield, County Durham, the Parsons Containers Group is a long-established supplier of shipping containers by sale and hire throughout the UK.

Since it was founded by entrepreneur Ean Parsons in 2000, the company has built a reputation as one of the UK’s largest multi-discipline shipping container businesses.

Kennet Equipment Leasing Limited has been providing businesses with equipment finance for 30 years. With access to over 25 banks and funders, along with reserves of £50 million of its own money, the company’s aim is to support UK businesses so that they can get the kit they need.

Helen Parsons, finance director at Parsons Containers, said: “Our significant growth in recent years is linked to Parsons’ reputation for high standards of customer service and the growing appeal of shipping containers. Increased demand comes hand in hand with the need to improve the options open for customers to finance their requirements. So, we’re delighted to have secured a licence from the Financial Conduct Authority that allows us to broker credit agreements, and we are equally pleased to have found an excellent partner to work with in Kennet Equipment Leasing. These are exciting times for Parsons Containers and this latest development will support our longer term business strategy.”

Mark Suckley, sales director at Kennet Equipment Leasing, said: “The current legislation around consumer and business finance can be daunting for any business. Kennet is delighted to have supported Parsons Containers to become FCA authorised, since it will significantly increase the ability of the team there to broker both regulated and limited business finance.”

Parsons' ongoing expansion saw the firm open a new 2.2-acre site for its U Hold The Key self-storage business under the Tees flyover with more new sites to be announced in the near future.

For information visit parsonscontainers.co.uk, call 01740-629999 follow @parsonscontainers on Twitter or like facebook.com/parsonscontainers