Last year was a great success. Kicking off the year as a new legal entity, combining our strengths with ABN AMRO Lease to form ABN AMRO Asset Based Finance (ABF), we provided a wide range of funding solutions to support the funding needs of our clients.
Despite a difficult economic landscape and Brexit uncertainties making the headlines, we reaffirmed our sustainable growth in the UK and European markets. In Commercial Finance we continue to service a broad range of clients, seeing their funds in use grow by 25% YoY.
This includes a high uptake on our Bad Debt Protection offering and Enterprise Finance Guarantee loans. Both our client and introducer advocacy rating also remain high across the ABF Group, as we continue to support our clients to achieve their business ambitions.
Take a look at our Annual Review for a round up of last year’s highlights.
Over the course of this year, we will continue to improve our ways of working and deliver digital, scalable products and services which respond to our clients’ needs and meets their expectations.
Thank you for your valued partnership and we look forward to working with you in 2019.