IAA-Advisory and Triangle Trade Finance
(TTF), the asset and trade finance consultancies, have formed an
alliance in an effort to offer their customers a wider range of
finance.
The consultancies will remain independent but
will promote each other to clients and work together on some
contracts, particularly in emerging economies.
Alan Leesmith, director at IAA-Advisory, said:
“Some people are not looking only at asset finance; they are also
looking at trade finance as part of their overall approach to
finance.”
TTF, which was formed in 2005, does business
in Europe, Africa, Asia, the Middle East and the Americas. It
advises clients on all aspects of trade finance, specialising in
“open account receivables” financing.
IAA-Advisory advises on asset and trade finance, including
financing equipment.
In June, rival leasing consultancies
The Alta Group and
Invigors said they would combine in a formal partnership called
Invigors EMEA LLP. The new business will be part of the Alta
Group.