Accountancy firm Chantrey Vellacott DFK has launched a joint venture with Business Credit Management (UK) Ltd, founders of leading industry website www.creditman.co.uk
The firm, which has ten offices across the South East and Midlands, has struck a deal to acquire Oriel Collections’ interest in Business Credit Management and over the coming months, will be working to upgrade the CreditMan website, offering the user a more enhanced and compelling experience.
Business Credit Management had previously been in partnership with Oriel Collections Ltd and will continue to be managed by founder John Arnold.
CreditMan was launched by John, who is a Fellow of the Institute of Credit Management, in 1996 and has evolved into a valuable resource tool, directory and portal widely used by credit professionals and small businesses.
Its services include daily news updates, news on companies and people in the credit industry and a weekly email newsletter, The Business Credit News UK, which highlights legislative changes, company news, events and seminars.
Richard Toone, Department Head at Chantrey Vellacott DFK, said the firm is delighted to have struck a deal with CreditMan.
“CreditMan is a hugely valuable resource for anyone associated with the credit finance industry and when the opportunity arose to partner with John Arnold we grabbed it with both hands,” he said.
“Chantrey Vellacott DFK is committed to investing in the existing offering and will be assisting John in any way we can to enhance the current services on offer and provide valuable information to the credit industry.”
John Arnold added: “The website reaches a vast number of credit and business professionals seeking credit, financial advice and credit control services.
“Chantrey Vellacott DFK has a strong creditor support offering and is well placed to strengthen the ongoing development of CreditMan. We look forward to working with the firm.”
Adrian Stalley, Managing Director of Oriel Collections, added: “CreditMan and John Arnold have been part of the Cheltenham based Oriel companies for the last nine years and we are looking forward to continuing this relationship under the new ownership.”