Credit, Collections & Insolvency News
Debt recovery and outsourcing agency, Controlaccount has announced the appointment of Neil Jinks, a key figure in the credit management industry, as its Brand Ambassador. Controlaccount says that this strategic partnership marks a significant milestone in the company’s mission to raise awareness of their values of integrity and professionalism, as well as extend its reach…
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Law firm Flint Bishop has announced three senior leadership appointments within its Debt Services division. Andrew Mitchell joins as Head of Operations, bringing over 25 years of experience in debt management within the utilities industry. Most recently, Mitchell served as Strategic Review & Debt Lead at E.ON UK, where his strategic foresight and process innovations…
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Secure Trust Bank Commercial Finance the asset-based lending (ABL) arm of Secure Trust Bank, has announced the promotion of James Hodkinson to Managing Director (MD) following the retirement of John Bevan. Hodkinson began his career at the Royal Bank of Scotland, where he undertook a variety of leadership and strategy roles within the invoice finance…
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The National Association of Commercial Finance Brokers (NACFB) has recorded a 15% rise in the number of its member firms in 2024. This growth saw broker firm numbers climb from 1,168 in January to 1,338 by year-end. Last year’s record-setting growth builds upon the 11% increase in NACFB Members recorded in 2023. Additionally, the NACFB’s…
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The National Association of Commercial Finance Brokers (NACFB) has appointed two broker members to its board as Non-Executive Directors. Tom Perkins, Director and Co-Founder of Charles & Dean, and Evette Orams, Managing Director of Hilton-Baird Financial Solutions, have joined the NACFB board. NACFB CEO Jim Higginbotham said “Having individuals of Evette’s and Tom’s calibre join…
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A review by the Lending Standards Board (LSB) of its registered firms’ application of the Standards of Lending Practice for business customers has identified 102 areas where action has been needed to bring firms into compliance with the Standards’ requirements. The business standards set the best practice framework for SME lending and are the only…
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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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