Independent Business Finance, a commercial finance broker, has become authorised and regulated by the Financial Conduct Authority (FCA), The Bolton News reported.

Following a month-long application process, the provider of asset finance and invoice finance based in Bolton said it had been granted authorisation by the City watchdog.

Ian Moore, a director of the company, said: “Our migration to fully authorised status is testament to the policies and procedures we have in place.

“I am incredibly proud of my team, Kelly and Gavin, who work tirelessly to maintain the highest standards of customer service and care that we pride ourselves in.”

Husband and wife team, Ian and Kelly Moore, launched the business in 2009, at the height of the recession.

Ian Moore was an RBS portfolio manager for eight years, between 1999 and 2007.

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The business is a member of the National Association of Commerical Finance Brokers.

Kelly Moore said: “The FCA and NACFB are widely recognised throughout the UK, receiving our FCA authorisation is another crucial milestone that we are extremely proud to achieve and demonstrates to our clients that they are working with a reputable company.”

Independent Business Finance is an independent finance brokerage with over 25 years of business finance experience, according to its website.