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First Financial to bring more enquiries to funders through partnership with Henry Howard Finance
14 January 2011
Lionel Blackledge, partner at commercial finance provider First Financial, a division of FRP Advisory LLP, the specialist restructuring, recovery and insolvency firm, discusses how invoice finance providers will benefit from its collaboration with Henry Howard Finance.
We are very excited about the partnership between First Financial and asset finance provider, Henry Howard Finance plc (HHF), as this initiative, by using First Financial’s brokerage skills, enables HHF to deliver a much wider service offering to its clients, increases funding solutions available to SME’s and expands the business FRP can generate into the ABL market.
Despite this still being a new relationship, by working closely with HHF to identify those SMEs within its client base that could be suited to invoice finance, we are already seeing the volume of quality leads we are able to introduce rise substantially.
I believe that First Financial’s expertise, market knowledge, positioning as an independent invoice finance introducer and deep-rooted relationships with funding line providers, will mean that this partnership with HHF will prove to be extremely beneficial to both HHF’s clients and the funders we work with.