Team Factors acquires Apollo Business Finance
Team Factors, a leading provider of flexible funding solutions for UK SMEs, is pleased to announce the acquisition of Apollo Business Finance.
This strategic partnership strengthens Team Factors’ commitment to supporting the growth ambitions of small and medium-sized enterprises across the UK Both Team Factors and Apollo share a deep understanding of the unique challenges faced by SMEs. By combining their expertise and resources, the combined group will offer a broader range of flexible funding solutions, tailored to meet the individual needs of each business.
“We are thrilled to welcome Apollo Business Finance to the Team Factors family,” said Mark Chamings (group MD). “This acquisition allows us to expand our reach and provide even more comprehensive support to the UK’s vibrant SME sector. We share a common goal with Apollo: “To help businesses thrive.”
Smooth transition, continued client focus
The acquisition will be seamless for existing clients and intermediaries of both companies as, whilst part of the same group, Team Factors and Apollo will remain separate brands, retaining their individual market focus and dedicated client services team, ensuring continuity and ongoing support.
The group will be led by Mark Chamings as group managing director; Elizabeth Williams as group operations director, Dean McGarry as sales director (Team Factors) and John Day as sales director (Apollo Business Finance) “We are excited to join forces with Team Factors,” said John Day at Apollo Business Finance. “This partnership positions us to continue with our growth plans. We are confident that this combination will create a powerful force in the UK SME factoring market.”
