The invoice financier Advantedge Commercial, has appointed Mark Finn as Regional Managing Director for Thames Valley and the South.
He brings with him a wealth of experience in asset-based lending, having spent more than two decades in leadership and operational roles gained across the banking sector and independent funders with Barclays, Kellock and the Bank of Scotland.
He joins from Bibby Financial Services where he spent over a decade leading their invoice discounting business and latterly their Corporate division. He was responsible for leading a team of 40 managing a portfolio of clients with a turnover in excess of £5m.
Advantedge was recently acquired by US-based eCapital Corp, a leading North American provider of speciality lending solutions, with the existing management team retaining a 20 per cent stake in the company.
Finn said: “Despite the pandemic, the region remains one of the most economically successful in the UK. With major cities such as Oxford, Reading, and Southampton, the region is forecast to grow faster than any other region in the UK, outside London to 2025.
“As the UK looks to ‘build back better’ from the pandemic, businesses need to ensure they have sufficient resources to capitalise on the opportunities that arise. I have been impressed by the flexible funding support Advantedge have been and continue to provide to businesses throughout these challenging times.”