Close Invoice Finance Enters Strategic
Partnership with ICAEW
26 October 2009
Leading invoice finance provider, Close Invoice Finance,
part of the FTSE 250 merchant banking group, Close Brothers Group plc, has
signed a three year partnership agreement with the Institute of Chartered
Accountants in England and Wales (ICAEW).
Following a competitive two way pitch, the ICAEW chose Close Invoice Finance
as their exclusive preferred supplier of invoice discounting and factoring
services.
Close Invoice Finance will advise the Institute’s 132,000 members on next
generation technology in invoice discounting, ways to mitigate business risk,
and most importantly, securing funding in a challenging economic climate.
The partnership reflects a solid joint commitment to providing a reliable source
of funding for SMEs at a time when traditional high street banks are making it
increasingly difficult.
David Thomson said:
“It is a real coup for us to have been selected to partner with the
ICAEW. We’re delighted to have the Institute’s support in providing the
intermediary market with viable options to manage their business more
effectively. We look forward to working with them going forward.”
Sharron Gunn, Director, Member Services Directorate, ICAEW said:
“We are delighted to be working with Close Invoice Finance as our
appointed partner for invoice financing. Close Invoice Finance came up with
a proposition delivered with professionalism, enthusiasm and a thorough
understanding of the needs of accountancy firms.”
