Fiducia Commercial Network, the commercial finance Appointed Representative (AR) network, have announced a two-year contract extension with Kalon Commercial.
Kalon Commercial is a commercial finance brokerage, specialising in supporting management buyouts, takeovers, and acquisitions.
The extended partnership will provide crucial support to the Kalon Group, which has significant expansion plans to grow its business in 2024.
Yogesh Tated, CEO of Kalon Financial, said: “We are delighted to extend our contract with Fiducia Commercial Network.
“Our aspirations for 2024 are ambitious. We aim to have a grand year with a robust pipeline and our goal is to achieve significant growth compared to last year’s commissions.”
Dipen Sanghvi, Kalon’s commercial finance adviser, added “Our contract will provide a more compelling proposition moving forward, particularly in cross-border brokerage, and the invaluable support from managing director Mark Grant.
“Being part of the network equates to having a strong panel, rigorous compliance checks on cases, and significant deal support, especially from Mark and business development manager Rob Sims.
“It helps us provide our clients with the best advice while securing favourable deals and ensuring realistic timelines.”
Marcus Grimshaw, CEO of Fiducia Commercial Network, believes the contract extension is a significant milestone.
He said: “Both our businesses share a common vision of excellence and a commitment to delivering exceptional outcomes for clients who desperately need commercial lending and business finance solutions from all available options.
“Our mantra has been consumer duty of care and best customer outcomes, with a fair, transparent, compliant customer journey.
“We are excited to continue our partnership and further strengthen our position as leaders in our respective fields.”
