GMAC Commercial Finance plc and Bank Leumi (UK) plc have signed a mutual agreement that will enable the two organisations to offer financial solutions that unite the long established trade finance expertise of Bank Leumi with the significant market presence and expertise in the invoice and asset based finance sector of GMAC Commercial Finance (GMAC CF).
This initiative will provide new and existing customers, particularly importers and growing businesses, with improved cash flow and enhanced trade finance support.
Ian Watson, Director of GMAC Commercial Finance said, " The agreement with Bank Leumi will benefit both of our businesses and customers enormously, as we share so much in common. For the first time it enables firms using import finance to get a better deal from a global financial services network."
