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Bill Finance Group rebrands, expands providers

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Bill Finance Group rebrands, expands providers | Australian Dealer Information















New title, broader providers launched

Invoice Finance Group rebrands, expands services

Bill Finance Group (IFG), a specialist selective bill financier, has rebranded to WeDo Bill Finance, efficient from July 1.

The rebranding comes alongside the launch of a full-service providing geared toward supporting extra Australian small companies.

WeDo’s logical subsequent step

Wayne Smith (pictured above left), WeDo Bill Finance managing director, described the rebrand as a pure development.

“These are thrilling instances for our enterprise and our purchasers, as we’ll have extra methods to assist them,” Smith stated.

Accelerated acquisition

Smith highlighted the current developments within the firm’s possession.

“In October 2022, WeDo Enterprise Providers (Australia) Pty Ltd invested in IFG as a part of an association that may see it purchase the enterprise in full over a two-year interval. That course of has now been concluded forward of schedule,” he stated.

The rebranding follows a document quarter for the corporate.

“As we enter the brand new monetary 12 months, on the again of a document quarter (round 50% up on the earlier 12 months), the timing is true for the enterprise to take this subsequent step,” Smith stated.

WeDo’s complete assist bundle

The WeDo model within the UK is thought for its complete assist bundle for small companies, together with finance, back-office assist, HR, IT, and digital advertising.

UK CEO Mark Lindsay (pictured above proper) praised the staff’s efforts.

“Wayne and the entire staff have executed an ideal job in transitioning the enterprise via the funding, acquisition and exiting of the outgoing administration/former house owners,” Lindsay stated.

Concentrate on small companies

WeDo Australia goals to assist companies with turnovers as much as $5 million.

“With our full-service providing on stream from July 1, WeDo has the flexibility to assist companies in all levels of the standard life cycle – from start-up to turnaround,” Smith stated.

Continued progress

The transition marks a major milestone for the corporate, with continued progress anticipated.

“Having accomplished this part of the journey, we’re trying ahead with pleasure for the subsequent stage and continued progress,” Lindsay stated.

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