Independent Growth Finance (IGF) has expanded its asset-based lending (ABL) team with the appointment of a director for Midlands business.

Paul Edmeades has been promoted from his previous role as IGF’s head of underwriting. His careers spans 20 years, and has included positions within Shawbrook Business Credit, GE Commercial Finance and trade finance provider NMB-Heller.

John Onslow, IGF chief executive, said: “Paul did a great job building and leading the underwriting team. We now want to use his expertise to drive our ABL growth in the Midlands.”

“Paul’s appointment follows other recent high-profile announcements in our business, demonstrating IGFs high-growth ambitions.”

Edmeades added: “I’ve lived and seen the growth in the Midlands over the last 13 years and am excited to play a part in helping IGF expand its presence in the region.”