Credit, Collections & Insolvency News
Sharon Walker has joined North West law firm Napthens as debt recovery manager. Walker, a Chartered Legal Executive, will be based in the firm’s Preston office. She joins following almost ten years’ experience in the recovery of debt from individuals and businesses, working for companies including Marsh Finance Ltd, Bolton-based Keoghs LLP and Ralli Solicitors in…
Read moreBrian Morgan has been appointed as Operations Director for the Rimilia Rimilia Commercial Director Steve Richardson said; “We are delighted to welcome Brian to our executive team. He is well known as a leading innovator in the Credit World and brings a host of experience to the Rimilia management team. Brian will help develop our strategy,…
Read moreEquita & Ross & Roberts have both been awarded with the accreditation ISO 10002 for their quality Customer Satisfaction Management Systems and are the first enforcement agents to be granted this accreditation by certification body, QMS international. Neil Smith, Managing Director of Equita & Ross & Roberts, said: “I am delighted to have achieved this…
Read morehttp://www.cityam.com/250926/peer-peer-mortgage-lender-lendinvest-posts-133-per-cent
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American Express has become a corporate partner to the Chartered Institute of Credit Management (CICM). American Express Business Payments Solutions supports its customers in improving cash collections. A spokesman for American Express said “Being able to connect with credit professionals through the CICM is an excellent way of highlighting the solutions that American Express can offer,…
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Paragon Bank PLC’s asset finance division, Paragon Bank Asset Finance, has added to its business with the acquisition of one of the UK’s leading asset finance brokerages, Premier Asset Finance (Premier). Premier sources in excess of £100 million of lending per annum to a range of SME customers. Headquartered in Edinburgh, Premier has a national…
Read morePraetura Asset Finance a specialise provider of alternative funding to SMEs has secured £18m investment from British Business Bank Investments, the commercial arm of the British Business Bank, to boost the firm’s lending capabilities. Praetura launched just over two years ago, has already reached an £85 million turnover, providing asset-based finance, hire purchase, finance leasing and…
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At least 500 million Yahoo passwords and usernames, as well as personal information used for security checks, have been stolen since 2014. Equifax has urged businesses to step up security checks. John Marsden, Head of ID and Fraud at Equifax said “Passwords are continuing to topple like dominos, and the rate of major breaches is increasing at…
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Aberdein Considine has acquired Wallers Solicitors. The deal gives Aberdein Considine its first foothold in the substantial English and Welsh legal markets and enables the immediate expansion of its corporate conveyancing, litigation and debt & asset recovery services south of the border. The combined business, which will now trade under the Aberdein Considine brand, employs 380 staff…
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Moore Stephens LLP has published it’s annual company results and has announced revenues of £105.5million, representing 14% growth on the previous combined year’s figures and over £13million of new business. The firm, which is the largest member of the Moore Stephens UK network, merged with Chantrey Vellacott DFK LLP in May 2015. The strong organic growth,…
Read moreRateSetter has published its 2015-16 accounts, showing that it increased revenues from £12.6million to £18.5million over the year. The company made a pre-tax loss of £4.9million, compared to a pre-tax profit of £476k for the preceding year. The company’s results are in line with expectations set out at the start of the year and reflect…
Read moreAtradius N.V has announced its acquisition of 55% of the shares in Graydon Holding N.V. With this acquisition Atradius, which already owned a 45% stake in Graydon will become the sole shareholder. Graydon has offices in Netherlands, Belgium and the UK with business operations in credit management, risk and compliance, marketing information and debt collection. Graydon will continue…
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Aldermore has appointed Lesley Rolfe as the Head of Asset Finance Operations. Carl D’Ammassa, Group Managing Director, Business Finance at Aldermore, said: “Aldermore’s Business Finance division is continuing to grow at an impressive rate, giving us the opportunity to expand our team and improve our operations and processes to drive this growth even further and improve…
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