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.