Two Merseyside firms, FWL Technologies and Bermans Solicitors, together with the Merseyside Special Investment Fund (MSIF) have joined forces to back a new business aimed at helping companies to improve their cash flow. The joint venture, George plc, will provide outsourced credit management.
Each of the parent companies will be nurturing their subsidiary, with FWL working with George to develop a comprehensive, specialist software package whilst Bermans provide legal expertise.
The new company has a current staff of six, and the number is set to increase shortly, as investment provided by the MSIF will enable George to recruit a sales and marketing team of three. George is headed by Cees Jansen who has worked in banking and asset based lending in the Netherlands, the USA, Italy and Indonesia. Mr. Jansen has said “Outsourcing accounts is a relatively new activity in this country- but it is relatively well established in the USA and is now growing in Europe...