Equipment Finance News

Grenke partners with IUI Global to strengthen service offerings

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Grenke has announced a strategic partnership with International Universal Investigators (IUI Global). This alliance is set to elevate grenke’s service capabilities for its reseller partners and customers across the United Kingdom, particularly in asset management and sustainability initiatives.

With over 35 years of experience, IUI Global has established itself as a trusted provider, originally offering investigation services to government and financial institutions. Over time, IUI has diversified into debt collection, repossession, and auction services, building a wide-reaching network with extensive industry expertise. Through this partnership, grenke will tap into IUI’s strengths to offer an expanded suite of services, including equipment collection, asset valuation, debt collection and recovery, legal contract assistance, insolvency management, and equipment resale.

IUI Global’s UK-wide network ensures comprehensive service coverage, including Northern Ireland, ensuring seamless support for Grenke’s reseller partners and customers regardless of location. This partnership emphasizes versatility, allowing for efficient recovery and return of various asset types, facilitated by IUI’s proven capabilities.

Data security and compliance are fundamental aspects of the partnership. IUI Global adheres to rigorous data protection protocols, including secure equipment cleansing and certification, providing peace of mind to all customers and partners involved.

With strong relationships across the financial sector, IUI Global brings a nuanced understanding of the leasing industry, bolstering grenke’s offerings. IUI Global’s expertise is highlighted by their 2019 achievement of full funds collection in 80% of cases within just 14 working days. This track record promises to support grenke’s partners with enhanced financial risk management.

As an FCA-authorised entity, IUI Global is committed to upholding fair and transparent practices. Through this partnership, Grenke aims to promote sustainable business practices, with initiatives such as equipment lifecycle management, circular economy promotion, environmental reporting, and green initiative support.

Suzy Watkins, Head of Administration at Grenke, expressed her enthusiasm about the partnership:

“We are excited to partner with IUI Global. This collaboration allows us to provide our reseller partners and customers with an expanded suite of services backed by IUI’s reliability and efficiency. It also strengthens our commitment to sustainability, enabling us to better support our clients’ environmental initiatives. We believe this partnership will enhance our service offerings throughout the leasing lifecycle while contributing to a sustainable future.”