Aldermore’s Business Finance division has announced the appointment of Stephen Farrelly as Head of Relationship Management in its Manchester office.

In his new role, Stephen will be responsible for overseeing Invoice Finance client relationships in the North, as well as continuing to develop the Bank’s Asset Backed Lending proposition and capabilities. Farrelly reports into Ross McFarlane, Commercial Director, Invoice Finance.

Prior to joining Aldermore, Farrelly worked at ABN AMRO Commercial Finance for over 15 years where he headed up the Northern Operations team, covering both relationship management and operations. Stephen also previously worked in relationship management and business banking roles at RBS Invoice Finance and Lloyds Bank.

Ross McFarlane, Director of Invoice Finance at Aldermore, said: “Stephen has been working in the invoice  finance industry for around 20 years, and brings a vast wealth of experience covering both invoice finance and asset based lending to Aldermore. This experience will be invaluable as we continue to develop our offering to the UK’s SMEs.”