By Aduragbemi Omiyale
The chief executive of CardinalStone Finance, formerly CSAdvance, Mr Ayoola Adeola, said the company would deliver enhanced financial solutions and empower its customers with financial flexibility.
Mr Adeola said this while commenting on the recent change of name of the organisation, done because it intends to offer a comprehensive range of financing solutions to a diversified clientele, including SME businesses and high-net-worth individuals.
CardinalStone Finance is the subsidiary of CardinalStone Partners Limited. The firm said the transition marks a pivotal moment in the group’s pursuit of becoming a world-class financial services firm, catering to the evolving needs of its valued customers.
Through this transition, CardinalStone Finance aims to solidify its position as a trusted and influential player in the African financial sector while playing a pivotal role in shaping the ever-evolving African financial landscape.
It said efforts would be made to leverage its unique and unrivalled industry expertise to provide customised financing options to suit clients’ needs.
“Our new name, CardinalStone Finance, represents an exciting milestone for the company. It is a testament to our commitment to empowering customers with financial flexibility, tapping new opportunities, and unlocking growth,” Mr Adeola said.
“We are enjoying a phase of sustained growth, and with our new name, we believe this will accelerate our ambition to achieve market leadership in the near term,” he added.
Also commenting, the Group Managing Director of CardinalStone Partners Limited, Mr Michael Nzewi, said, “The new name allows CardinalStone Finance to become a recognisable subsidiary of the CardinalStone brand, enhancing brand visibility and synergy while reinforcing our shared purpose as a group.
“Embracing this unified name enables better collaboration, bolsters the potential for cross-selling opportunities, expertise, and brand equity, and ultimately paves the way for collective achievements benefiting all our clients.”
CardinalStone Finance’s service offerings include various financing solutions such as short-term investments, personal finance, asset finance, term loans, invoice discounting, project finance, and LPO finance.
Adedapo Adesanya