Hampshire Trust Bank has targeted expansion in the UK asset finance broker market by appointing a broker to a freshly-created development role.
Alan Timms joined Hampshire Trust Bank’s (HTB) Asset Finance team as its first business development manager.
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Timms who previously worked as a broker for eight years, will oversee the bank’s asset finance team, managing deals ranging from £5k to £200k and will be responsible for expanding HTB’s broker network across the UK.
The bank said the appointment coincided with the bank reaching a milestone in lending, following the completion of over 500 HP & Leasing agreements since its inception in May 2014.
Timms said: "I am delighted to be joining the team at such an exciting stage in its development. The business has been growing quickly and I am looking forward to extending the HTB Asset Finance offer to a wider broker audience."
Last October the bank appointed Chris Welch and David Morris to head its asset finance and asset-based lending divisions.
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