Playter Hits Significant Milestone as they team up with Fiducia Commercial Network – Their First Commercial Finance Network Partner.
Fiducia Commercial Network, the commercial finance ‘Appointed Representative’ (AR) network, announces a new Introducer partnership with leading Business Finance lender Playter.
Playter, the innovative lender, whose change-making approach has simplified the world of finance for SMEs, has signed an introducer agreement with Fiducia Commercial Network. This strategic partnership marks a significant milestone as Playter’s first collaboration with an aggregator, paving the way for enhanced accessibility and support for commercial finance brokers across the UK.
Innovative solutions for brokers
As a Business Finance lender, Playter specialises in funding invoices, VAT/Corporation tax, and providing finance solutions for firms’ customers on issued invoices.
Committed to innovation and customer-centric solutions, Playter’s mix of first-hand experience and cutting-edge technology has enabled them to streamline funding processes and address the evolving needs of SMEs.
Speaking of the new agreement, Jamie Beaumont, Founder of Playter, said, “We’re thrilled to embark on this partnership journey with Fiducia.
“Breaking into the aggregator market has been a key milestone for us, and partnering with a reputable company like Fiducia is a natural first step”.
Fiducia Commercial Network is the UK’s fastest-growing commercial finance AR network. It’s dedicated to providing brokers with comprehensive support and access to leading lenders and solutions. Fiducia Commercial Network works with brokers to deliver tailored finance solutions to their clients, driving business growth and success.
More Financing options
Managing Director of Fiducia Commercial Network, Mark Grant, commented, “In 2024, UK businesses are navigating unique challenges, with cashflow management topping the list.
“We recognise the transformative potential of Playter’s solutions and technology-driven processes in addressing these challenges.
We are thrilled to be the first commercial finance AR network partnering with this esteemed NACFB Patron lender, providing our brokerages with immediate access to enhanced business finance solutions.
The introducer agreement with Playter means that AR brokerages can now seamlessly access Playter’s portal and processes under the network’s regulatory umbrella.
The collaboration between the two companies signifies a pivotal moment in commercial finance, offering brokers on the network access to Playter’s tailored funding solutions and flexible payment options.
In 2024, Playter is poised to fund over £100 million into the SME sector, supporting a diverse range of industries.
The collaboration between Playter and Fiducia Commercial Network signals a new era of accessibility and opportunity for brokers within the network.
Through an introducer agreement, members have access to Playter’s state-of-the-art portal and products, simplifying the way they serve their clients and how they navigate the complexities of business finance.
Marcus Grimshaw, CEO of Fiducia Group, added, “Fiducia has always been at the forefront of innovation in the Commercial Finance sector.
“We are proud to align with Playter, a company dedicated to positive disruption within the industry. Together, we will play a pivotal role in funding UK businesses, delivering unique and much-needed solutions to the broker and SME community.
James added, “We look forward to the opportunities our collaboration with Fiducia will bring in the years ahead.”