Cheltenham-based Oriel Business Services has acquired Southampton-based Business Credit Management (UK) Ltd, founder of the leading industry website at www.creditman.co.uk providing comprehensive product advice, information and news for SME’s and credit professionals.
Launched by John Arnold in 1996, Business Credit Management UK at www.creditman.co.uk has evolved into a valuable resource tool, directory and portal widely used by credit professionals across the UK. Among the range of services it provides is a free weekly email newsletter, Business Credit News UK, highlighting legislative changes, company news, events and seminars.
As director of Business Credit Management, John will continue to manage the website. “The website reaches a vast number of professionals seeking credit and financial advice and services,” he says. “The facilities offered by Oriel in debt collection, its ability to buy debt new and old, corporate and consumer and it links to finance companies including factors and discounters will add a new dimension to the services we provide.”
Brian Pursey, Oriel Business Services’ managing director, adds: “We have been impressed by the progress of Business Credit Management and believe it marries well with the services we offer our customers. It is an ideal vehicle to reach a broader market and John’s role will be key to our new business development. I’m confident this is a win-win arrangement for both Business Credit Management and Oriel Business Services.”
John Arnold was particularly impressed with Oriel Business Services’ innovative ideas and the way in which it services clients: “I believe there is a natural synergy in incorporating an internet function with Oriel Business Services’ existing proposition and I’m very excited to be heading up this new branch of the business.”
Notes to editors:
Oriel Business Services Limited is based in Cheltenham and employs 39 people. The company provides a one stop service for businesses and individuals looking for top quality, professional and informed advice on all aspects of setting up and then managing a business. Services include: formation of limited companies, Company Secretary services, bookkeeping and accounting, management accounts, payroll, credit control and debt collection, assistance for MBOs and MBIs, due diligence, business recovery and business sale and purchase.
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