Credit, collections & insolvency news
The Lending Standards Board’s (LSB) has announced Iwoca, as the latest firm to achieve full registration to the Standards of Lending Practice for business customers. The LSB’s business Standards set the best practice benchmark for SME lending in the UK and can be applied across a range of financial services firms, from digital or challenger firms to…
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The ICAEW has announced the appointment of Phil Parry as Chief Information Officer (CIO). Parry will be responsible for the development and implementation of the Institute’s technology and AI solutions. As a member of the leadership team reporting into the Chief Executive, Alan Vallance, he will also assume responsibility for IT operations, digital and publishing…
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The British Business Bank, the UK’s economic development bank, has appointed Richard Bearman and Reinald de Monchy as Co-Chief Banking Officers, with a shared responsibility for all of the organisation’s banking activities for smaller businesses. Bearman will oversee a new Relationship Management function bringing together a number of existing skillsets across relationship management, account management…
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Time Finance has announced that it has appointed Sophie Aitken as Broker Manager in its Asset Finance team. Aitken joins the leading independent finance provider with over 10 years of experience in the financial services industry. Her previous roles include broker at Halo Corporate Finance, internal sales manager at InterBay Asset Finance and various roles…
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Time Finance has announced it has appointed Matt Heap as the new Head of Credit within its Asset Finance Division. Heap joins the leading independent finance provider with over 20 years of experience in the financial services industry. His most recent roles include serving as a Business Manager at Barclays and as a Senior Underwriter…
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Invoice finance company, eCapital Commercial Finance has acquired Optimum SME Finance. David Tilling, CEO of Capital said “We are thrilled to welcome Optimum’s clients and team as part of our ambitious growth strategy. This acquisition broadens our national reach with a new regional presence in Bristol and reinforces our commitment to becoming the premier, fully…
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Leonard Curtis has announced it has acquired Newsource Commercial Finance (NCF) is a broker in the commercial property sector. Led by a management team of Mark Craven and Brian Walters, the business specialises in working with brokers and their clients on sourcing finance across residential BTL and property portfolios, commercial property investments, property developments, refurbishment…
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Premium Credit has announced it has appointed Rohit Ghai as its Chief Risk Officer. Ghai will lead Premium Credit’s Risk, Compliance and Legal functions as the business proudly supports its community of customers and partners in creating opportunities through convenient payments. Ghai joins Premium Credit from PayPal UK, where he was most recently the interim…
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Leonard Curtis has announced it has continued the expansion of its funding pillar with the appointment of Mike Dinnell to the business advisory and commercial finance team. With over 30 years of banking and debt-advisory experience, Dinnell has supported numerous businesses looking for growth funding. Dinnell’s experience covers a wide range of sectors with a…
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SME commercial property lender Assetz Capital has announced that it has appointed four senior executives to its board. The business will continue to be led by CEO and co-founder Stuart Law, with newly appointed board members including Andrew Fraser (Chief Commercial Officer), Irene Thomas (Chief Operating Officer), Mark Wardrop (Chief Financial Officer) and Tim Harper…
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CCW has announced that it has confirmed Mike Keil as its permanent Chief Executive. Keil took the reins on an interim basis last October after the departure of former CEO Emma Clancy, following her three years at the helm. He has been with CCW for the past seven years having previously served as the organisation’s…
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The National Association of Commercial Finance Brokers (NACFB) has announced that it has appointed Jim Higginbotham as its new Chief Executive Officer (CEO). Higginbotham most recently served as Group CEO at STAR Asset Finance, where he led the brokerage through a period of substantial change, enhancing the risk control framework, upgrading the IT infrastructure, centralising…
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Time Finance has announced the appointment of Jess Wilkinson as an Area Sales Manager in its Vendor Finance team. Wilkinson joins the leading independent finance provider with over 15 years of experience in the financial services industry. Her previous roles include Relationship Manager and Business Development Manager at Lombard Asset Finance, as well as also…
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