Pulse Cashflow are delighted to announce that Regency Factors and Regency Trade Finance (Regency) will be joining the Group following a majority shareholding by parent Cubitt Trade Holdings.
This latest transaction follows on from the recent acquisition of Calverton Finance and is a further expansion of the Group. Cubitt, a UK based speciality finance company offering versatile working capital solutions to a large and diverse client base have added Regency to their growing portfolio, as part of the group’s ambitious investment plans.
Based in Manchester, Regency have been providing SMEs across the UK with the funding they need to grow for over 30 years. They specialise in factoring and trade finance solutions which have enabled their clients to pursue their business plans. Following the acquisition by Cubitt, Regency will build upon this track record of supporting the UK SME community with stable, scalable, and flexible capital.
Toni Dare from Cubitt comments: “Its proving to be a busy year. We are delighted to welcome the Regency team into the fold. The addition of Regency to our portfolio strengthens our offering to the market and we are looking forward to providing stable, scalable and flexible working capital solutions to better serve SMEs as the UK gets back to work in earnest following a tumultuous year”.