Quantuma partners expands advisory service with Lightbulb Credit

Business advisory firm, Quantuma, has partnered with the UK corporate credit rating advisory service, Lightbulb Credit, to expand the range of support it can offer to the professional advisory community and their clients across the UK.

Lightbulb said it is the only advisor offering businesses the opportunity to “review, better understand, improve, and monitor their credit ratings”. Through Lightbulb Credit’s service businesses can view their ratings from all the major credit rating agencies.

Through exclusive agreements and automated links with the UK’s five main business credit rating agencies, Lightbulb has immediate access to credit reports and key company information, identifying potential issues that could indicate a low credit rating.

Quantuma added it will incorporate Lightbulb’s services as part of its own advisory offering, providing a tool for businesses looking to improve their trading position, reduce borrowing costs, and boost access to trade credit.

Frank Wessely, MD at Quantuma, said: “Low company credit scores are misunderstood and are damaging to businesses, resulting in higher borrowing costs and lower trade credit limits from suppliers, as well as acting as a barrier to firms looking to obtain necessary finance to fund business growth.

“By partnering with Lightbulb, we continue to broaden our offering to support businesses at a critical time as we move into the post-pandemic recovery.”

James Piper, MD at Lightbulb Credit, added: “Quantuma is one of the leading mid-market advisory firms and we are delighted to have secured them as our key strategic partner.

“Quantuma’s coverage across the UK and reputation as a high-quality firm will enable us to reach even more businesses and provide support to those that are looking to unlock growth potential and to those that are experiencing challenges.”

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