Lightbulb moment for mid-market giant as corporate credit rating service comes on-board

Lightbulb Credit – the UK’s first corporate credit ratings advisory service – has entered into a new partnership with business advisory giant Quantuma.

The Nottingham-based company’s platform allows businesses to view their ratings from all the major credit rating agencies in a simple report.

Quantuma will incorporate Lightbulb’s services into 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, managing director 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, managing director 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 yet 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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