Credit, Collections & Insolvency News
The Institute of Directors (IoD) has appointed John Browett as the new Chair of its board. Browett takes over from Patrick Macdonald, whose three-year term as Chair ended after the Institute’s AGM yesterday. His appointment comes after a robust process overseen by the Nomination Committee which consists of members of the IoD Board and IoD…
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Top Service has announced that it has appointed Philip King FCICM as a Non-Executive Director at Top Service. King brings a wealth of experience in the credit management industry. After starting his career in the construction sector, King spent 14 years as Chief Executive of the Chartered Institute of Credit Management, and 18 months as…
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Solaris Law, part of the Azzurro Group, completed the acquisition of Shoosmiths’ business-to-business recoveries division (in England & Wales), formally merging the two teams and moving to modern new offices on the Solent Business Park, Whiteley. The announcement is the first part of a two-part transaction that will ultimately lead to Solaris Law becoming one…
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Business Debtline has launched a new programme, supported by Aviva, to tackle the financial skills and confidence gap faced by many small business owners. The charity’s Building Up Business programme, which draws on Business Debtline’s expertise as the UK’s Centre of Excellence for business debt, aims to build the financial resilience of small business owners…
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Invoice finance provider, Optimum Finance has announced that is has promoted Paul Green to Senior Regional Director. Green will be supporting Optimums’ National Head of Sales, Iain Hendry, in both guiding and helping to further grow Optimums’ sales team. Whilst this is a national role, Green based near Leeds, will continue to have a particular…
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Invoice Finance specialist, Optimum Finance, has announced it has appointed Jessica Okonoboh as its latest Relationship Manager. Okonoboh joins the team with prior experience in Invoice Finance and the wider financial services sector, holding particular skills in client services, credit management and business development. Ant Persse, CEO of Optimum, said “Optimum exists to support our…
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Asset finance solutions provider, Time Finance has announced the launch of its new ID&V (Identity Verification) technology in partnership with Nivo Solutions. The technology provided by Nivo also includes E-signature functionality. Enabling Time Finance to increase its E-signature document limit from £100k to £250k. Speaking of the partnership and the technology Time Finance has adopted,…
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Cerberus Receivables Management (CRM) has announced that it has appointed Sam Mather as its new Head of Compliance to help better manage its information security strategy. Mather has been an experienced independent ISO consultant for many years and has moved from working one day a week for CRM to being full-time in the first-ever in-house compliance…
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Commercial finance lending software specialist, Dancerace has announced it has launched a new risk system for invoice finances providers. The new system is called r3 RiskOps which enables risk and operational teams to better manage client risk and work more efficiently. The system comes to market having already been deployed by Skipton Business Finance in the…
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Global credit information and risk management provider, Creditinfo has announced the appointment of John Cannon as its Global Chief Commercial Officer (CCO). Cannon has over 25 years of experience in finance and credit bureaus, he will spearhead the strategy and execution behind Creditinfo’s solutions and products for all 30 of its credit bureaus, which are…
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Revenue based finance lender, 365 Finance has announced that it has appointed Warren Abbey as its new Chief Executive Officer. Abbey joined 365 Finance in 2023 as Chief Commercial Officer and has been instrumental in driving commercial success, achieving a 42% year-on-year increase in business. Abbey is a Chartered Accountant who started his financial career…
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Lloyds Bank Business & Commercial Banking has announced it has appointed Linda Weston as Head of Commercial Cards. Weston will start the role in June, Linda will be based in London and report into Chris Loring, Managing Director, Lending & Working Capital. Weston’s career spans 25 years in the cards and payments industry and she…
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Shire Leasing has announced changes to its executive board as part of the changes Helen Lumb has assumed the role of Managing Director. Lumb brings a wealth of experience and an intimate knowledge of the company’s operations, joining the company as Finance Director in 2014 and later taking up the role of Chief Financial Officer in…
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