UK lender Aldermore has strengthened its asset finance division by hiring five specialist materials handling experts.
Andrew Woodward, who joins from Albury Asset Rental, will lead the team and has responsibility for building Aldermore’s materials handling business.
Aldermore will have the capacity to provide financing facilities from £5,000 (€5,881) to about £1m.
The other hires are Gillian Coupland, formerly at GE Capital; Mandy Holcroft, whose experience includes roles at Barclays Mercantile and Albury; Mandy Woodford, who worked for BNP Paribas Lease Group; and Linda Hide, from Barclays Mercantile and Albury.
Prior to joining Albury, Woodward worked for Capital Asset Finance and at UFB Humberclyde, where he was responsible for developing finance schemes for Renault commercial vehicles and Nissan forklifts trucks.
George Ashworth, head of asset finance at Aldermore, said: “The team will be able to establish a strong presence for Aldermore in this important market as well as guarantee to manufacturers, dealers and end-users a professional, fast and reliable service that is grounded on a robust knowledge of both the assets and the industry.”