Secure Trust Bank Commercial Finance Launches Invoice Finance
An article in Credit Today published yesterday explains that Arbuthnot Banking Group have launched a new invoice finance venture - Secure Trust Bank Commercial Finance which is part of Secure Trust Bank. The banking group also owns Arbuthnot Latham bank.
The new invoice financing arm is to be headed up by John Bevan, formerly of RBS and Barclays.
An interesting move as I recally starting to work for Bexco, a trade finance company that was formerly part of their factoring organisation, in the late 80's. That was sold to Barclays around the time that I joined so now the circle is complete!
Posted: 30th of September 2014