Connective Asset Finance (CAF) has announced a strategic partnership with asset finance aggregator, Money Resources Group (MRG).
CAF is backed by Connective Group, which has more than 15 years’ experience in aggregation, 12 of which focused on the asset finance space. CAF identified a need in the marketplace to provide a dedicated aggregation service for brokers specializing in asset finance.
While Connective will continue to offer member brokers with asset and SME finance products and support, CAF was formed to exclusively cater for the unique requirements of asset finance specialists.
Brent Starrenburg, Head of Connective Asset Finance, said: “We recognized the asset finance sector is evolving quickly and becoming increasingly complex, particularly in the areas of compliance and regulation.
“In forming CAF we are building on many years supporting asset finance brokers while leveraging our experience in delivering best-in-class aggregation to deliver a bespoke service for asset finance specialists.
“MRG is a market leader in the asset finance sector and we are excited and proud to partner with them. We are confident MRG brokers will benefit from the resources and support we bring to bear while retaining a freedom to run their business as they see fit.”
Director of MRG Harry Anderson said the partnership has prevented them from being left behind.
He added: “As our industry matures and with increased regulation on the way, choosing the right business partners has never been more important. This move is about supporting the 20 member firms of our Group.
“MRG was at risk of being left behind from a technology perspective and partnering with Connective has given us the opportunity to work with cutting edge technology that will see our members well positioned both now and in the future.
“We are impressed with Connective’s transparent approach to plant and equipment finance and we believe their substantial infrastructure will make significant improvements to our industry. The professionalism of our brokers will undoubtedly advance as they access Connective’s suite of services, most notably in the areas of compliance and marketing.”