The Factoring Solutions website has been pretty much unchanged for ten years and one of the comments that I made all those years ago in lighthearted manner was :-
“Despite the importance of selecting the right factoring company it seems that many companies using invoice finance to speed up cash flow still find their factor by looking in Yellow Pages – which is surely why there are so many factoring companies beginning with the letter A”
It seems that Venture Finance have now realised the error of their ways and are now changing their name to ABN AMRO Commercial Finance thus jumping from the back of the queue straight to the front of the chasing pack.
I must admit that I was surprised to hear of the change of name as not only is Venture Finance one of the better known factoring companies as it is but AMN AMRO is probably best known to the average man as the bank that brought RBS to it’s knees thus bearing a large responsibility for the problems within the UK banking industry and therefore the economy today.
Not only that but ABN AMRO Commercial Finance hardly trips easily off the tongue 🙂