Commercial Credit Management

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Two credit insurance specialists set to merge

28th July 2016 Commercial Credit Management |

UK Credit Insurance and The John Reynolds Group Ltd will merge in August. Following the merger the new company will be called Acumen Credit Insurance Brokers Ltd. A new website will follow in September: www.credit-insure.co.uk.

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STA International appoint new Managing Director

28th July 2016 Appointments |

STA International has announced the appointment of Mark O’Neil as Managing Director. Former Managing Director Colin Thomas will become Chairman. A list of the latest appointments in the credit industry can be found here.

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Hitachi Capital Invoice Finance adds to its Senior team

20th July 2016 Alternative Business Lending |

Andrew Ward has joined Hitachi Capital Invoice Finance as Senior Business Development Manager.  

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Accountant in Bankruptcy adds two members to its board

20th July 2016 Appointments |

Accountant in Bankruptcy (AiB) has appointed Bryan Jackson and Laurie Manson to join AiB as non-executive board members. Both will offer independent professional expertise to the Executive Agency of the Scottish Government. AiB is Scotland’s insolvency service and is responsible for administering the process of personal bankruptcy, the Debt Arrangement Scheme (DAS) and recording corporate…

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Strategic Banking Corporation of Ireland and Bibby Financial Services launch invoice financing fund

18th July 2016 Commercial Credit Management |

The Strategic Banking Corporation of Ireland (SBCI) and Bibby Financial Services Ireland (BFSI) have announced a €45million lower-cost invoice financing fund for Irish SMEs. An extension of SBCI’s on-going efforts to drive competition and choice in the Irish lending market, the announcement sees €45 million in funding being made available to Irish businesses. The agreement enables…

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New Chief Executive Officer joins JBW Group

  Nick Tubbs has joined JBW Group as their Chief Executive Officer. 

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Hopes for BHS rescue fade as administrators prepare to shut 20 stores

14th July 2016 Business |

https://www.theguardian.com/business/2016/jul/15/hopes-for-bhs-rescue-fade-as-administrators-prepare-to-shut-20-stores

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Lowcosttravelgroup collapses blaming Brexit vote

14th July 2016 Business |

http://news.sky.com/story/travel-firm-collapses-blaming-brexit-vote-10502946

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New leadership roles as Close Brothers unifies north & south divisions

14th July 2016 Appointments |

As part of the changes Ian Steward has been appointed Managing Director of Close Brother Invoice Finance. Steward was previously Managing Director of Close Brothers Invoice Finance North. George May and Fiona Parkinson will now become Commercial Directors for the north and south.

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Bibby Financial Services agrees €150 million funding agreement

14th July 2016 Business Lending |

Bibby Financial Services has announced the fund to support European SMEs. The three-year agreement with HSBC will be available to new and existing SME customers.

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New Justice Secretary confirmed

Liz Truss has been appointed the new Lord Chancellor and Secretary of State for Justice. Truss was Secretary of State for Environment, Food and Rural Affairs.

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High Court Enforcement Group appoints Karl Harrison

13th July 2016 Appointments |

High Court Enforcement Group (HCE Group) has announced that Karl Harrison has joined its management team as Group Manager and Technical Advisor. Harrison is also a member of the board at the High Court Enforcement Officers Association (HCEAO)

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Wonga name new Chief Executive

13th July 2016 Alternative Consumer Lending |

http://www.cityam.com/245332/payday-lender-wonga-name-new-chief-executive

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