Struggling Cattles Sells Invoice Finance Service ; Inbrief

Summary


EAST YORKS: Former Hull business and beleaguered sub-prime lender Cattles PLC has sold its invoice finance business off to financial services specialist private equity firm, AnaCap Financial Partners.

The service has now been re-launched as Absolute Invoice Finance, complete with a Pounds 100m fund dedicated to supporting start-up businesses.

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Extract


Struggling Cattles Sells Invoice Finance Service ; Inbrief

As reported by the Mail, some 400 hundred staff from Cat...

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