Close announce it is working with administrators of Aascent
Close Premium Finance (CPF) has confirmed that the appointed administrators of Aascent Finance Company (Aascent) have contracted with CPF to assist with the management of Aascent's loan book and to offer to underwrite all new business.
CPF said in a statement that it had extensive experience in the premium finance arena and the recent acquisition of Amber Credit has reaffirmed Close’s long-term presence in the marketplace.
The arrangement with Aascent is a further endorsement of Close’s commitment to providing leading solutions for brokers.
Malcolm Shierson, the administrator from Grant Thornton UK LLP, said: "We are delighted to have partnered with CPF who understand broker needs and look forward to CPF working alongside
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