Outsourcing: Close Brothers’ Ireland move paying off

Paul Stephens, head of sales, Ireland
Paul Stephens, head of sales, Ireland

The number of Irish businesses availing of the opportunities presented by invoice and asset finance funding has increased steadily in recent years.

Close Brothers Commercial Finance, a key global player in invoice and asset finance, made what many interpreted as a brave move into Ireland in 2008, just as other international banks were beating a hasty retreat.

With hindsight, it was a good move. As the purse strings on ...