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Year to, and as at, 31 December 2010 Factoring sales financed


Factoring accounts Average factoring client turnover Average factoring advance Discounting sales financed Discounting accounts Average discounting client turnover Average discounting advance Total sales financed Total advanced Total client accounts Personnel headcount Client/Personnel ratio


Close Invoice Finance £775 million 446 clients £1.7 million pa £110,000 £3.13 billion 632 clients £5.0 million pa £329,000 £3.9 billion £257 million 1,078 clients 171 6.3/1 Dave Thomson


Carrying one of the revered names in UK banking and finance with a tradition in SME support this versatile invoice financier has grown drawing upon different strengths. Its I-Deal product cleverly utilises Vision Critical’s real time software so that Close’s clients may enjoy higher loan values from their invoices and often at prices few, if any other, can match: the £200,000 pa turnover entry level for discounting is one of the lower ones in the sector. By taking over the former GMAC CF book at the end of 2009 Close also acquired a team well versed in bigger-ticket deals. Now that the banking and the hard-asset finance divisions of the bank have joined the invoice finance division in offering an integrated approach to prospects, some sophisticated structured finance deals are in the offing.


Call 0800 220257. www.closeinvoice.co.uk


Year to, and as at, 31 December 2010 Factoring sales financed


Factoring accounts Average factoring client turnover Average factoring advance Discounting sales financed Discounting accounts Average discounting client turnover Average discounting advance Total sales financed Total advanced Total client accounts Personnel headcount Client/Personnel ratio 14 June 2011 £173 million 136 clients £1.3 million pa £122,000 £6.6 billion Martin Rothera 751 clients £8.8 million pa £646,000 £6.7 billion £502 million 887 clients 98 9.1/1 Call 0845 769 7182. www.cbonline.co.uk Business Money – RSM Tenon


One of the smaller, nevertheless, substantial high street banking operations with specialist business centres nationwide. If the name is a little long winded here the action is slick and is pursued with the kind of passion that Yorkshiremen apply to their cricket. The numbers tell their own story as this pioneer of the integrated invoice finance and banking facility package continues to prosper. It opened 185 new accounts last year clearly demonstrating that those complaining about banks not financing business may have been knocking on the wrong doors. The service is available all over the UK and the Clydesdale element in the name is as good an indication as any business north of the border should need as to where to take the chunkier proposition. Bigger SMEs clearly like what they find here.


Clydesdale and Yorkshire Bank Invoice Finance


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