Venture Finance officially assumes ABN AMRO name
Offering expands to include cash management, inter-bank payments and leasing
Venture Finance, an invoice and asset-based lending specialist which has provided credit to hundreds of small firms across Britain, has officially assumed the name of parent company ABN AMRO.
Having been owned by the Dutch bank for 20 years, Venture will henceforth be known as ABN AMRO Commercial Finance PLC, and has revamped its commercial offering to tie in with its new identity.
The company will now offer cash management, inter-bank payments and leasing alongside its existing facilities. However the key personnel and working procedures will not be changed.
Luuc Mannaerts, CEO at ABN AMRO Commercial Finance Group, says: “Venture Finance has been a vital part of our commercial finance business since 1992 and we are proud that it’s adopting the ABN AMRO name.
“Venture’s culture of service excellence and wealth of asset based lending experience is important in further developing the asset based lending market in Western Europe. This change also signifies the importance of commercial finance to the whole ABN AMRO group.”