Acquis Lumia welcomes Compass Business Finance

Acquis Data Services has announced that Compass Business Finance has joined its Acquis Lumia platform, becoming the 42nd organisation to sign up in the UK.

Founded in 2005 by brothers Mark and Jamie Nelson, Compass Business Finance is an independent lender specialising in asset-based finance for the print & packaging, engineering, construction, and renewables sectors. The firm has established itself as a trusted partner to small and medium-sized enterprises (SMEs) nationwide, supporting businesses as they navigate increasingly complex financial landscapes.

By joining Acquis Lumia, Compass will gain access to the platform’s real-time visibility into asset finance agreements. Since its launch in 2022, Lumia has rapidly become a vital tool for the asset finance industry, enhancing fraud detection, portfolio insight, and transparency across the sector.

James Rudolf, Chief Commercial Officer at Acquis, welcomed the addition: “We’re thrilled to welcome Compass Business Finance to the Lumia network. Its focus and commitment to supporting SMEs reflects the very ethos behind what Lumia is designed to deliver.

“Having Compass on board demonstrates the value our platform brings to lenders who are keen to manage risk more effectively and collaborate across the industry,” he added.

Mark Nelson, Director at Compass Business Finance, added: “We have been watching the development of the Lumia network with great interest over the past two years as a keen supporter of what it will achieve for the industry – we’re delighted to now be an official part of this important initiative.”