Manchester-based invoice finance funder Positive Cashflow Finance has promoted Andy Hume to the freshly created role of head of sales.

Hume will be responsible for leading Positive’s new business effort working through their network of introducers and brokers as part of the 1pm Group.

The move comes following changes in the leadership team which saw David Smith step down and Phil Chesham moving to replace him as head of business vacating his sales leadership role.

Hume steps up to the position having gained 16 years’ experience in the invoice finance sector.  Prior to his 5 years at Positive, he spent time in ABN AMRO Commercial Finance and across its subsidiaries.

Hume said: “I am thrilled to take on this position at Positive and to be now leading the sales team.  Having worked with businesses of all shapes and sizes across a number of different industries for the past 5 years at Positive, I am now looking forward to helping develop the team to support SMEs looking to grow.

“Entering this new role comes at an exciting time, whereby new appointments and structural changes within the company has meant that our team has the opportunity to offer a bespoke financial solution across the UK and support business owners looking to access funding lines between £10k and £1 million to maintain a healthy cashflow”.

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As part of 1pm, the AIM-listed independent provider of finance facilities to the SME sector, Positive also provide access to a multi-product range of business finance solutions to the UK market from asset finance, commercial loans through to vehicle finance.

Ed Rimmer, chief operating officer at 1pm, said: “We are delighted to have promoted Andy to the role of head of sales. Over his five years at Positive, he has contributed significantly to the success of the business through the delivery of funding facilities to UK businesses and the achievement of new business targets.  He brings robust experience and a natural ability to build effective relationships with introducers and businesses which will be instrumental in helping the business to achieve its ambitious growth plans over the next five years through to 2024”.