The UK’s leading independent invoice finance provider, Bibby Financial Services (BFS), has restructured its sales team with the appointment of Dave Golding as UK Sales Director, according to creditman.biz.
Golding – who has been with the business for 12 years - was formerly Sales Director of the BFS Corporate team which is responsible for delivering larger invoice finance transactions to the SME market.
Under Golding’s leadership the team opened over £100m of new finance facilities in just over a year. The funding delivered was used for a variety of purposes including funding acquisition, supporting growth and replacing existing facilities.
Commenting on the appointment, David Postings, UK CEO at BFS says: “Since joining the business over a decade ago, Dave has driven sales and performed exceptionally well on a consistent basis.
“Over the past year, his leadership of our Corporate team has been invaluable to the business. We know that his expertise and knowledge of the market will drive our national sales teams to success in 2014.”
Golding has over 20 years’ experience in financial services having started his career at Lombard Business Finance in 1993 before moving to a senior management role at RBS. In 2002 he joined Bibby Financial Services, based at the business’s new Manchester office.
Reflecting on his new role, Golding said he was proud of what he has achieved to date but is ready for a new challenge: “I have had an amazing 12 years at Bibby Financial Services and have seen the business go from strength-to-strength. We are now considered a major player in the business funding market.
“Over the past 12 months, we’ve invested heavily in people and technology. We are now in a great position to build on the success delivered in 2013.”
According to the Asset Based Finance Association, its members advanced £17.4bn to businesses in the third quarter of 2013 - an increase of six per cent on the same period in 2012.
In reference to alternative finance becoming more prevalent among businesses looking for different forms of funding, Golding adds: “What was once thought of as alternative finance is now mainstream and funders such as Bibby Financial Services are providing vital support to growing businesses, thus stimulating the economy.”