Credit, Collections & Insolvency News
Lloyds Bank Business & Commercial Banking has announced that it has appointed Tim Biddle as Head of Invoice Finance and Asset Finance Field Sales.
Biddle will be responsible for helping to shape the execution of Lloyds Bank’s Invoice Finance & Asset Finance sales strategy, and will lead its UK-wide team.
He joins from Paragon Bank, where he served as Commercial Director for SME lending, responsible for strategic initiatives including new product development and growth in new markets.
Prior to this, he was Paragon’s asset finance sales director, leading the bank’s broker, aviation receivables and invoice finance sales teams nationwide. He has previously held senior asset finance and invoice finance roles at Aldermore Bank and Siemens Financial Services.
Ben Stephenson, Managing Director and Head of Specialist Client Solutions said: “Our clients are working hard to balance considerations such as high inflation and supply chain disruption with the numerous growth opportunities available. They need a financial partner who can provide specialist support and access to a full suite of financial solutions when they need it most, quickly, and conveniently.”
“We’re committed to delivering this type of backing through the expert consultancy of our team across the UK. Tim’s depth of experience and breadth of perspective will help ensure we’re continuing to improve the service we offer businesses as they address working capital challenges. I’m excited to welcome him to the team.”