Credit, Collections & Insolvency News
Time Finance has appointed Bethan Holliday as Head of Operations in its Asset Finance team. Holliday joins Time Finance with over 20 years’ experience in the financial services industry, having previously held a senior position at Ultimate Finance. In her new role at Time Finance, Holliday will be responsible for the overall operations of the…
Read more
Redwood Bank has appointed Simon Goodyear as its new Chief Information and Technology Officer (CITO). Goodyear brings a wealth of experience in financial services technology, having held senior leadership roles in lending and finance sectors. At JBR Capital, he led critical technology initiatives and played a central role in preparing the organisation for a successful sale.…
Read more
Asset-based lending solution, Independent Growth Finance (IGF) has announced the appointment of Graham Leaney as ABL Director for the South West of England and South Wales. Leaney has extensive experience in the ABL and working capital financing industry, having worked in roles of increasing responsibility over the past 20+ years at HSBC, Close Brothers Invoice…
Read more
Digital credit marketplace, LoanTube has announced the launch of its SME brokerage platform, bringing the speed, intelligence and transparency of its consumer lending platform to small and medium-sized businesses. Emerging from two years of stealth development, LoanTube’s SME brokerage matches applicants to a diverse panel of more than 50 finance providers including major high street…
Read more
The Institute of Directors (IoD) has announced the appointment of Liz Barclay as Special Adviser for Small Business and Entrepreneurship. Barclay will work with the IoD to advise on ways that SMEs can adopt technology to help create a growth mindset and risk appetite which will allow them to succeed. Jonathan Geldart, Director General of…
Read more
The National Association of Commercial Finance Brokers (NACFB) has welcomed two new Non-Executive Directors to its board. Angela Norman joins as Patron Lender Director, bringing insights from her role at YBS Commercial Mortgages, and William Grove has been appointed as Finance Director, drawing on his experience at In Partnership. Norman is managing director at YBS Commercial…
Read more
eCapital Commercial Finance, has announced two key appointments to its board of Directors as part of an evolution in its corporate structure, designed to drive the company’s next phase of growth. Ant Persse has been appointed Chief Product Officer, bringing a wealth of experience across product innovation, finance technology, and credit risk. He has successfully…
Read more
Paragon Business Finance has become the latest financial services provider to register with the Lending Standards Board (LSB) Standards of Lending Practice for business customers – asset finance. The Asset Finance Standards set the best practice framework for the provision of asset finance to businesses with a turnover up to £25m, and cover hire purchase and…
Read more
Specialist business bank Redwood has announced the appointment of Stuart Davidson as its new Chief Commercial Officer (CCO), to further bolster the Bank’s savings and lending proposition for future growth. Davidson, who joined Redwood in early 2018, just months after its launch, has more than 35 years of financial services experience. He spent two decades…
Read more
Independent finance provider, Time Finance has appointed Terry Wolfendale as Head of Sales (South) within its Invoice Finance division as the lender ramps up its business finance support for SMEs. Wolfendale joins Time Finance having held a number of senior leadership roles over a 25-year period, including Lloyds Commercial Finance, Bibby Invoice Finance, RBS and…
Read more
International SME financier Bibby Financial Services (BFS) has appointed Mark Holloway as Chief Information and Technology Officer. Holloway joins BFS with over 20 years’ experience in financial services and technology, most recently at Ashman where he was founder member and Chief Technology Officer, having built and scaled the digital start-up from pre-seed, through to multiple…
Read more
Secure Trust Bank Commercial Finance (STB CF), the asset-based lending (ABL) arm of Secure Trust Bank, has announced the promotion of Richard Foote to Chief Operating Officer (COO). Foote brings a wealth of experience and a proven track record to the role having been pivotal in STB CF’s growth over the past five years as…
Read more
Global asset specialist Gordon Brothers has announced that it has acquired SIA Group, a leading asset valuation, advisory and trading firm. Established in 2003, SIA Group has built a strong reputation and client base by providing innovative asset valuation and sales solutions within the asset-based lending and corporate restructuring industries. The combined team led by…
Read more