Close Brothers Commercial Finance, the leading provider of asset finance, invoice finance and asset based lending (ABL) for both SMEs and large businesses across Ireland has moved into new premises in Dublin. Now located at Swift Square, Northwood, Dublin 9 and with further offices in Belfast, Cork, and Galway.
The “Modern Merchant Banking” approach used by Close Brothers Group plc across the UK has been replicated in Ireland. Using a highly experienced team and taking the specialised asset and invoice finance models, which focus on service, expertise and strong relationships and applying them here in Ireland gives businesses access to further alternate sources of finance.
Asset finance can enable a business to purchase or refinance capital equipment, whilst invoice finance releases the value from unpaid invoices, improving cash flow or releasing working capital. Asset based lending (ABL) enables larger businesses to raise higher levels of funding, secured against trade receivables, property, stock and plant and equipment, under a structure which is ideal for financing strategic events such as MBOs, MBIs, mergers and acquisitions.