London’s Spondoo partners with ABL Business to launch commercial finance support
London based online accounting specialist, Spondoo, has partnered with commercial finance consultancy ABL Business to offer its clients access to business finance for growth.
The partnership will enable Spondoo clients to access commercial finance advice and provide the facility to work one-to-one with an independent commercial finance specialist to secure business funding.
Arnie Ayton, chief executive officer at Spondoo, said: “Our partnership with ABL makes it simple for our clients to access the commercial finance they need to grow.
“We work closely with our customers to understand their businesses and exactly what they want to achieve. ABL operates in the same way when it comes to discovering and delivering the right type of finance to meet their requirements.”
Alice Cox, regional director for London at ABL Business, said: “The team at Spondoo already provides strategic accounting support to clients. They can now extend this further for clients that need access to funds by confidently referring them to ABL to source the most suitable finance facility.
“Working together with Spondoo, we can help businesses access a much wider pool of lenders and investors, which in turn means access to a wider range of finance solutions to deliver the most appropriate form of finance.”
Alex Beardsley, joint managing director at ABL, said: “The commercial lending market is complex, with multiple funders, different finance products, and lots of conflicting information about which are the best products to use.
“This collaboration simplifies the complex business funding market to help Spondoo’s clients raise finance conveniently.
“They benefit from a one-to-one relationship with a commercial finance consultant and a fully independent view of the market. This helps them make well-informed choices and avoid choosing a short-term finance solution that may not be the best solution in the long run.”