Secure Trust Bank Commercial Finance has increased its deal origination team in the South of England to three.
This follows the appointment of James Ambrose as regional sales director who will largely be focused on supporting the Thames Valley and Solent region.
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Ambrose has over 20 years’ experience in the Asset Based Lending market and has previously held senior roles at ABN Amro, Lloyds Bank and Credit Agricole.
In his role at Secure Trust Bank, Ambrose will be working alongside accountants and business advisors to support SMEs seeking asset based lending solutions between £1m and £50m. Typical scenarios will include service led refinances, private equity transactions together with MBOs and MBIs, restructures and turnaround, and growth opportunities.
Ambrose will join the Southern based team working alongside regional sales directors Tony Young and Matt Alis, together with Jeremy Uphill, portfolio & structuring director.
Secure Trust Bank Commercial Finance’s lending balances have been growing rapidly in recent years. The firm is now the fifth largest independent operator in the invoice finance market, having funded more than £3.5bn worth of customer invoices since its inception in 2014.
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By GlobalDataAmbrose said: “Secure Trust Bank’s flexible approach to lending makes it such an exciting proposition. With greater flexibility than some of the high street lenders, we are able to fund a range of situations and support businesses of all sizes achieve their growth ambitions. I’m excited to be joining such an experienced and skilled team within the South East, and I look forward to seeking out new business opportunities in the region.”
Sean Powell, national sales director at Secure Trust Bank Commercial Finance, said: “We noticed a growing demand for our services in the South of England, which led us to launch a new, larger office in the region earlier this year. With the addition of James, we now have a three-strong team with a wealth of experience in supporting businesses and the wider business community. Having provided facilities of over £47m in the South since the start of the year, we’re now looking to increase this number significantly, and we’re confident that this new appointment will help us realise our ambitions.”
This month, Converse Pharma Group secured a £60m combined facility from Royal Bank of Scotland (RBS) and Secure Trust Bank Commercial Finance.
