Close Brothers Invoice Finance has appointed John Hunter as Corporate Sales Director within its Corporate and Asset-Based Lending (ABL) team, in a move designed to extend its reach across London and the South of England.
Hunter, a chartered accountant with experience in asset-based lending, structured finance, and leveraged transactions, will focus on developing the firm’s loan book, portfolio, and product offering.
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The Corporate and ABL team at Close Brothers Invoice Finance provides lending facilities ranging from bilateral ABL structures of £3 million to £65 million, covering trade debtors, revolving inventory, plant and machinery (both new and used), and commercial property. It also offers syndicated and club facilities above £65 million, cash flow loans of up to £10 million, and back-to-back funding.
George May, Managing Director at Close Brothers Invoice Finance, said the appointment “reflects Close Brothers’ focus on expanding its capabilities within the mid-market segment.”
Commenting on his new role, Hunter said he looked forward to working with “a business with a proven lending appetite, full ABL lending capabilities, and a strong cash flow product,” adding that he aims to “increase the firm’s focus on the mid-market.”
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