Shire Leasing has appointed Stuart Berry as broker manager.
Berry joins Shire Leasing with over 9 years of experience within the broker industry, having worked at Davenham, GAM and Siemens Financial Services.
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Berry said "I am delighted to be joining Shire Leasing at such an exciting time in their history and to be offering such a flexible and attractive product to the UK broker network. The recent investment from the British Business Bank shows confidence in their vision and the growing own book is an excellent facility that can be utilised by many UK brokers. These are exciting times for the business and I look forward to helping it to meet its ambitious plans for growth."
Vincenzo Scalzone, sales director of Shire Leasing said: "The addition of Stuart to our successful sales team is an excellent opportunity for Shire Leasing. With our vision to support UK SMEs, our extended own book facilities, our robust Operations team will support the UK Broker market to provide valuable funding to their customers."
The tactic evolves from Shire’s strategy to increase its presence and expand into the UK asset finance broker market. In 2014, Shire Leasing secured a £40m investment from the British Business Bank.
With a loan book standing at £74m, Shire Leasing finances hard and soft assets for the SME sector, with the expansion of its broker network forming a key part of its ambitions to grow its own book significantly over the coming years.
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