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Asset Based Lending

Ultimate Finance builds on success in Manchester with senior appointment

By CreditMan Friday, November 4, 2016

Ultimate Finance has appointed Vince Tovey as National Head of Sales for Trade Finance along with responsibility for the Invoice Finance sales team based in the Manchester office.

With 30 years’ experience in international banking and asset based lending, Vince will be developing the Trade Finance offering on a national level whilst continuing to drive the growth of Ultimate Finance within the North West region.

Vince previously worked for NatWest Bank and HSBC, prior to moving into the ABL sector with Davenham and Aldermore.

Speaking about his new role, Vince said

“It is great to be joining a company with a real appetite to lend. The significant funds made available by its parent company Tavistock means we can work closely with brokers and SMEs to help find a solution to their cashflow needs,” he said.

“I am confident the next few years will see Ultimate Finance expand its market share considerably as many SMEs continue to struggle to find the right funding partner to help grow their business. For this reason I believe we will become the lender of choice as we continue to provide the flexibility and solutions to suit their requirements.

“This is an exciting time to be part of a very forward thinking business and I look forward to adding real value.”