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Venture rebrands as ABN AMRO Commercial Finance

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28th Feb 2012
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UK invoice and asset based lender Venture Finance has officially adopted the name of its parent company to become ABN AMRO Commercial Finance.

Venture, which has been part of the Dutch government-owned bank since 1992, has unveiled a range of commercial banking services to coincide with the name-change.

Clients will now have access to services such as cash management, BACs, inter-bank payments and leasing facilities.

The company will continue to work with clients ranging from start-ups to £250m turnover businesses, and also increases its European reach and cross-border financing opportunities, through the group’s operations in the Netherlands, France and Germany.

UK managing director, Peter Ewen, said its independence from the high street banks means it can maintain the flexibility of approach.

“As part of a truly global company, we are now in a stronger position than ever to provide a wider range of services and support our clients’ growth ambitions, both at home and abroad.” Ewen said.

Luuc Mannaerts, chief executive at ABN AMRO Commercial Finance Group, added: “Venture's culture of service excellence and wealth of asset based lending experience is important in further developing the asset based lending market in Western Europe. This change also signifies the importance of commercial finance to the whole ABN AMRO group.”

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