Vendor finance specialist Quartz Finance is moving into the
corporate aviation and leisure marine markets, hiring Ian Jackson
to develop the business in this area.
Quartz director Graham Wall, whose company transacts 40 percent
of its business outside the UK, says he hopes to create vendor
partnerships and possible public sector work in the aviation
market.
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Wall commented on Jackson’s appointment: “This is the first of a
number of initiatives that widen the scope of our successful
business. We are nearly six years old, and have been
consistently profitable since our formation despite the economic
turbulence. As banks and leasing companies focus on their
internal problems, we believe opportunities will emerge for
smaller, nimbler businesses that can identify and react to the
needs of the marketplace”.
Quartz, founded in 2004, works primarily with technology and
energy companies in the UK and continental Europe, focusing on
developing customer finance programmes. In 2008 it placed over €150
million with a panel of funders.
Fred Crawley
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By GlobalData
