LEADING Inverclyde property firm, Bowman Rebecchi has further expanded its business operations into residential factoring, having secured new contracts for several properties in Greenock.
The Gourock-based company, which already provides commercial factoring, signed up to the Scottish Property Factor Register in 2023.
The new residential contract wins will be managed alongside other commercial sites across Inverclyde, with Bowman Rebecchi targeting further growth in the factoring market following the recent sale of the long-standing local firm, Morison Walker to a national factor.
Marco Rebecchi, director at Bowman Rebecchi added: “The expansion into residential factoring further diversifies our services and signals further growth for our extensive property portfolio, which stretches across the west of Scotland but focuses predominantly on Inverclyde.
“With a large commercial factoring portfolio already under our management, this is a natural expansion into the residential market, providing local tradespersons to maintain local properties with a quick, responsive, and highly effective service.
“The sale of Morison Walker leaves a gap locally for factoring services, and we have already picked up other residential properties from owners that preferred a local service to a national one, where they are often frustrated by the lack of response to issues.”
Andrew Bowman, director at Bowman Rebecchi, said: “This is an important expansion into residential factoring for the business, ensuring that local property is managed and maintained by local people and qualified trades, ensuring an increased circular economy in Inverclyde.”
