Performance Finance has announced the acquisition of Integra Asset Finance, a specialist in finance for the aesthetics market.
The purchase sees Kettering-based Performance Finance expand its reach in the medical professions finance sector, complementing its current business in the optical, dental and veterinary markets.
Stuart Burn, managing director of Performance Finance said: ‘Glyn and his team at Integra Asset Finance have been the UK’s leading finance provider in the aesthetic market for many years and we are delighted to be acquiring not just the business but their expertise and professionalism too.’
Glyn Meredith, director at Integra Asset Finance Ltd, commented, ‘We are delighted that Integra are joining forces with Performance Finance.
‘We have always recognised the professionalism and highest service standards provided by Stuart and his dedicated team, and we knew that Performance Finance were the ideal company to provide the successful development for Integra in the future.
‘Integra’s growth has been achieved by building successful long term relationships with suppliers and customers in the medical aesthetic sector.
‘Together with Rosanne’s undoubted industry knowledge and the additional resources and products provided by Performance Finance, this will bring significant benefits to both existing and new customers.’
There are no plans to replace the Integra Asset Finance brand, due to its strength and recognition in the marketplace.
Whilst the company will be incorporated into Performance Finance, lending to the aesthetic sector will still trade under the Integra name.
Established 15 years ago, Performance Finance is a UK finance specialist for professional services, lending over £63m in 2018 – a 20% increase over 2017.