Lucy Barrett

Vantage and Enterprise merge to create new brokerage

Enra Specialist Finance has elected to merge two of its brands — Vantage Finance and Enterprise Finance — to create a new brokerage.

The new company called Aria Finance is set to bring together the firms’ respective experience in the sector to create an enhanced service for intermediaries and their clients.

The combined entity will be led by Vantage’s managing director Lucy Barrett (pictured above).

Enterprise’s managing director Harry Landy is stepping down from his role to retire after 21 years with the firm.

News of the deal comes seven months after Enra was acquired by Elliot Advisors (UK).

By merging Vantage and Enterprise’s respective offerings, Lucy said the combination would provide access to a wider panel of lenders and a broader range of lending solutions.

“The specialist finance market is fast-paced and ever-changing, and the launch of Aria represents the next phase in our evolution, which will enable us to further enhance the products and services we offer," she added.

“We are combining a first-class, relationship-led approach and an excellent case management experience.

“Aria brings together the very best of Vantage and Enterprise together under one roof to create a specialist finance distributor like no other.

“It is a proud day for everyone involved in the launch and we are incredibly excited to begin this exciting new chapter.”

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