Latest News Headlines
Commercial Credit News
|Burlington Group joins Marston Holdings|
|Monday, 09 November 2015|
Marston Holdings is pleased to announce that Burlington Group has joined the Marston family of companies. Both regulators of Burlington Group have approved the change of control.
The key rationale for the transaction is to enable Marston Holdings to offer strong capability in the asset finance market segment. This is an area where it has not previously had a strong presence.
Burlington has built a solid reputation in the motor finance sector through the use of writs of delivery.
The acquisition by Marston provides Burlington with access to investment, technology and resources that will help it to grow in its specialist area of the market.
Burlington was the first company in the industry to receive full Financial Conduct Authority permission, making it a pioneer in dealing with Consumer Credit Act-regulated debt in the new regulatory environment.
The Solicitors Regulation Authority also regulates Burlington. This enables Marston to offer an efficient in-house transfer up capability for clients that wish us to undertake this aspect of the process.
Marston Chief Executive, Gareth Hughes, commented that: "Burlington Group extends Marston Holdings' footprint into a new related market segment.
"Its expertise in motor finance recoveries officers opportunities for growth in the wider asset finance market."
Forums International Ltd
Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.
Find out more here.
The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.
As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.
Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.
GTS Media Ltd
81 Cambridge Road
Registered in England No: 05483197