The Glasgow office of Ultimate Finance appointed Jennifer McGuffie as regional director.

McGuffie spent eight years in asset finance with Lloyds Commercial Finance after university. She moved into invoice finance with Bibby Financial Services in 2012 where she developed a network of accountants and business introducers in her position as business development manager.

Jennifer joins Ultimate Finance’s Glasgow office which recently committed £30m to help fund Scottish SMEs.

McGuffie said: "The dynamics of the business appealed to me greatly. Although a relatively new name to Scotland, Ultimate Finance has quickly established itself as a trusted brand, supported by a highly experienced team all of whom have a great reputation in the sector.

"I see this as an exciting opportunity to develop both myself and also help further grow the business in the area."

Richard Waldman, group sales director of Ultimate Finance said: "We are delighted to have attracted someone of the calibre of Jennifer to the company. With her asset and invoice finance experience, together with her introducer network, she will be an excellent addition to an already strong and reputable team, which will help us to continue to grow our presence across Scotland by assisting local SME’s."