Within a year of its launch, Davenham Asset Finance has recruited two business development managers and promoted a head of sales.
Paul Lovelock has been promoted to head of sales, having worked as business development manager since he joined in October 2013.
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In his new role Lovelock is to create and develop a national sales team capable of developing the company’s future goals. For the next six months this includes doubling the portfolio and specifically managing the delivery of asset finance solutions between £25,000 to £350,000 from Davenham’s core products or refinancing, vehicle finance and plant and equipment finance in the ‘near’ and ‘sub-prime’ UK SME market.
Before joining Davenham, Lovelock had worked in the finance sector for 25 years working with broker intermediaries, including Close Asset Finance.
Along with the promotion, Rebekah Middleton and Stuart Barry have been recruited to the roles of business development manager.
Middleton has over ten years experience in the sector, including most recently at Close Brothers, while Barry joined following time at General Asset Management, Kingsway and Siemens.
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By GlobalDataLovelock said "We are fortunate to have two experienced and enthusiastic sales people join Davenham at this point in our growth. Our focus is to deliver flexible commercial asset finance in a fast and professional manner."
