Brokerage goes into liquidation after 15 years
After 15 years in the industry, brokerage Corporate Advances Ltd has gone into liquidation, the FCA announced yesterday.
Corporate Advances Ltd offered assistance with bridging finance, business loans, secured homeowner loans and commercial mortgages before it tipped into liquidation.
The brokerage was incorporated in 1999 and was a well-known firm within the industry, having previously teamed up with leading personal asset lender, Borro.
The FCA noted that Michael Fortune of Portland Business and Financial Solutions Ltd was appointed as liquidator last month.
The brokerage was wound up voluntarily on the 16th October this year.
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