Leslie Bland, Chief Executive of Close Invoice Finance has today commented on the reasons behind and implications of the recent announcement of a strategic partnership with Singer and Friedlander Factors.
"Singer & Friedlander were finding it increasingly difficult to build a significant client base," said Mr Bland. "By working with us it enables them to continue to have access to a factoring service without the costs of actually running it. They will refer any factoring business to us in the future and their existing client base is being transferred across to Metropolitan Factors and Close Invoice." One of the benefits to Singer and Friedlander clients is that Metropolitan use the same computer software which should make the transfer relatively seamless. Close Invoice will continue to work closely with Singer and Friedlander on joint deals.
