Invoice Finance Group rebrands, expands services | Australian Broker News
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Invoice Finance Group rebrands, expands services
New identify, broader services launched
Invoice Finance Group (IFG), a specialist selective bill financier, has rebranded to WeDo Invoice Finance, efficient from July 1.
The rebranding comes alongside the launch of a full-service providing geared toward supporting extra Australian small companies.
WeDo’s logical subsequent step
Wayne Smith (pictured above left), WeDo Invoice Finance managing director, described the rebrand as a pure development.
“These are thrilling occasions for our enterprise and our purchasers, as we’ll have extra methods to assist them,” Smith mentioned.
Accelerated acquisition
Smith highlighted the current developments within the firm’s possession.
“In October 2022, WeDo Business Services (Australia) Pty Ltd invested in IFG as a part of an association that will see it purchase the enterprise in full over a two-year interval. That course of has now been concluded forward of schedule,” he mentioned.
The rebranding follows a report quarter for the corporate.
“As we enter the brand new monetary 12 months, on the again of a report quarter (round 50% up on the earlier 12 months), the timing is true for the enterprise to take this subsequent step,” Smith mentioned.
WeDo’s complete assist bundle
The WeDo model within the UK is thought for its complete assist bundle for small companies, together with finance, back-office assist, HR, IT, and digital advertising.
UK CEO Mark Lindsay (pictured above proper) praised the crew’s efforts.
“Wayne and the entire crew have carried out an important job in transitioning the enterprise by the funding, acquisition and exiting of the outgoing administration/former house owners,” Lindsay mentioned.
Focus on small companies
WeDo Australia goals to assist companies with turnovers as much as $5 million.
“With our full-service providing on stream from July 1, WeDo has the power to assist companies in all phases of the standard life cycle – from start-up to turnaround,” Smith mentioned.
Continued progress
The transition marks a major milestone for the corporate, with continued progress anticipated.
“Having accomplished this section of the journey, we’re wanting ahead with pleasure for the following stage and continued progress,” Lindsay mentioned.
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