Investec Capital Solutions launched as part of long-term group strategy

28 Oct 2020

Investec Bank plc has today rebranded Amicus Commercial Finance as Investec Capital Solutions, which will provide high-tech, high-touch working capital financing to owner-managed UK SMEs.

The rebrand follows the acquisition of Amicus Commercial Finance in December 2017. Investec Capital Solutions, a specialist provider of flexible working capital solutions to small and medium-sized businesses, was established in 2015 and provided more than £20m of cash flow finance in 2017. Investec Capital Solutions has been fully integrated into Investec Corporate Lending, with a seamless transition for all clients.
 
With a strategic focus on relationships with owner managed small and medium-sized UK businesses and a market-leading technology platform, Investec Capital Solutions will complement Investec’s existing Corporate Lending business. Investec Capital Solutions will form part of the Corporate Lending growth strategy. It will also provide a strategically important product for Private Capital, and Investec Capital Solutions’ smart use of proven technology will be leveraged to support Investec’s Banking for Business proposition.

Mike Francis, head of Corporate Lending at Investec, commented:
 
“We’re constantly looking for ways to offer more services to our clients, and invoice finance is a great opportunity. We’ve seen strong demand for this kind of product, so we’re excited to add it to our offering with the smart use of proven technology: we’ll be helping owner-managed SMEs to unlock their cash flow and put that money to good use, rather than worrying about lengthy payment terms.
 
“The experience and expertise of Amicus Commercial Finance’s management team was a key part of our decision to acquire the business and we’re pleased to say that they will remain in place to manage our commercial finance activity. We’re bringing in a first-class team with a great track record and a solid client base.”
 
 
John Wilde, who founded Amicus Commercial Finance and will stay on to lead Investec Capital Solutions, commented:
 
 “Investec is an excellent fit for us: we’ve kept our focus on providing strong relationships and great service for our clients, underpinned by smart technology.
 
 “Our high-tech, high-touch approach, delivered through our Intelligent Cashflow platform  was awarded the Business Moneyfacts  prize for Innovation in SME Finance in 2017 and as part of Investec we plan to continue to provide flexible working capital solutions to  an increasing
proportion of the SME business community.”
 
For more information, please visit www.investec.com/workingcapital

For more information, please contact:

Luke O’Mahony
PR Manager
[email protected]
+44 (0)20 7597 5261

 

Notes to editors

Investec Capital Solutions provides high-tech, high-touch working capital financing to owner managed UK SMEs.
 
Investec is an international specialist bank and asset manager that provides a diverse range of financial products to a niche client base. Investec focuses on the following activities: Asset Management, Private Banking, Wealth and Investment and Corporate and Institutional Banking.
 
For more information, please visit www.investec.com/workingcapital.
 
Investec Capital Solutions Limited is the appointed agent of Investec Capital Solutions No 1 Limited, a subsidiary of Investec Bank plc. Investec Bank plc whose registered office is at 2 Gresham Street, London EC2V 7QP is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, registered no 172330.