UK financial services provider Wesleyan Bank has completed the integration of leading IT finance provider Syscap as a wholly owned subsidiary.
From 1 April 2016, existing Syscap customers comprising of professions, educational institutes and SME businesses will be directed towards the Wesleyan Bank brand while the Syscap brand will be reserved exclusively for IT vendors, resellers and distributors.
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Wesleyan Bank is a subsidiary of Wesleyan Assurance which is part of the Wesleyan Group.
Wesleyan acquired Syscap in February 2015 to extend its reach into the professions, SMEs and IT asset markets and grow its long term lending book. Together the Bank and Syscap employ 120 staff from three UK office locations situated in Birmingham, New Malden and Northwich.
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