DF Capital, a UK specialist commercial lender and provider of working capital funding, has hired Ian Martin as its industry leader for motorhomes and caravans. Working alongside Corvin Baks, Martin will be responsible for developing the business’s position in the leisure sector.
Martin joins from Blackhorse Finance, where he spent almost 33 years in senior sales management roles. Throughout his time there, he looked after the company’s key manufacturer and retailer relationships, oversaw the leisure division’s portfolio and maintained full credit oversight of the profit centre.
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Martin said: “I am thrilled to join DF Capital. It is an ambitious, driven company and an innovator in its field. Working for an organisation that is relatively young and wants to expand is a massive draw, as is our strong commitment to customers and the industries they are in. Our personal touch makes us stand out in the market and I’m eager to get started.”
Andy Stafferton, chief commercial officer, said: “Ian brings a wealth of expertise and management experience to DF Capital and we are lucky that he has decided to join us.
“His leisure sector knowledge – both wholesale and retail – is impressive and we look forward to being able to harness his insight and his network to further grow our business in this industry.
“Ian’s appointment further consolidates DF Capital’s desire to recruit the best people in the business to help provide more customers with crucial funding facilities and help them grow and prosper.”
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By GlobalDataOn 23 April, DF Capital reported it started 2021 “in an enviable position” with “no pandemic related legacy” after a challenging 2020.
The business, which received full authorisation as a bank in September 2020, posted its financial results for full-year 2020.
Carl D’Ammassa, chief executive, DF Capital, said: “The impact of the global pandemic made 2020 a challenging year for the Group.
“However, we start 2021 in an enviable position and on more solid foundations having navigated the impact of Covid-19 well. We have no pandemic related legacy and have protected our lending franchise throughout the year.”
