Venture Finance rumours

The grapevine has been full of rumours about Venture Finance being the latest target of Deutche Bank’s attempt to break into the UK factoring market but it has recently come to the ears of the Factoring Blog that having got as far as due diligence they have suddenly lost interest as apparently they weren’t too keen on some of the structured lending deals that they looked at

1 thought on “Venture Finance rumours”

  1. According to the weekend press a Venture client Jenks Sales Brokers went bust five months ago owing Venture more than £10m and the factors are currently suing the two directors under their personal guarantees.

    I wonder whether this had anything to do with the alleged withdrawal of interest from Deutche Bank

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