04/11/2008

Venture Finance the Factoring Company confirms its status

Peter Ewen the Managing Director Venture Finance PLC has today confirmed the Companies status.

In this ever changing financial climate and in light of recent events, I thought it would be useful to update you on our status and confirm the very strong position we find ourselves in.

Put simply, there is no change of direct ownership. We remain part of ABN AMRO BU Netherlands and their ultimate owner is now the Dutch Government. This offers us a tremendous amount of solidity during these turbulent times.

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In fact, the only change Venture has experienced lately has been positive, having recently moved our Haywards Heath headquarters to newly renovated and larger premises, spanning four floors across 23,000 square feet – a great step forward, bringing our head office staff under one roof and making us better equipped to support our regions than ever before.

The year ahead may well provide a bumpy ride for many businesses, but with our strong and credible backing, Venture will continue to support all kinds of businesses across the UK, delivering an award-winning service that consistently exceeds the expectations of our clients, introducers and partners. Venture Finance the Factoring Company is very much open for business.



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