Lon Shepherd and Simon Hyde from TL Dallas trade credit.
(L - R): Lon Shepherd, newly appointed to TL Dallas' trade credit team, and Simon Hyde, director.

Bradford based insurance firm announces expansion with four new team members

A Bradford headquartered firm that has been providing trade credit insurance to businesses across the UK for more than 50 years is expanding. TL Dallas has appointed four new team members within its busy trade credit division.

Account executives Lon Shepherd and Martin Garrow have more than 26 years combined industry experience and join from invoice finance and banking backgrounds. Nat Wright and Poppy Whyte join as apprentices from Leeds Sixth Form College.

Director, Simon Hyde, commented: “With insolvencies on the increase and an uncertain economic climate, more businesses than ever before are opting to take out trade credit insurance to protect themselves against the risks associated with selling goods and services on credit.

“That’s why we have appointed two seasoned finance professionals and also expanded the team with two new talented and enthusiastic apprentices. Martin will be based in Scotland, where we already have a team of six and are actively recruiting for a seventh team member.

“Lon, Nat and Poppy will all be based at our headquarters in Bradford, and their appointments bolsters our highly experienced trade credit team to 14.”

Lon said: “Having worked for almost nine years in credit control and invoice finance roles managing more than 80 clients, I was keen to continue my career at an independent business with an excellent reputation in the trade credit market.

“The invoice finance sector is very much allied to credit insurance, with many clients having an invoice finance company noted as the beneficiary of the credit insurance policy, so it made sense to make the move.”

Martin added: “I started my finance career in banking 17 years ago and have worked in bill payment, supply chain finance and sales director roles. With a strong focus on client relationships and the analytical side of business finance, I have always found the trade credit side of insurance appealing and am excited to be joining the leading player in this field.”

Simon concluded: “We supply trade credit insurance, which protects businesses from the risk of non-payment and late payment, to clients based as far north as Shetland, all the way down to Devon, and everywhere in between!

“We have such a strong team, clients who have been with the firm for decades, as well as many new clients in every sector, including the construction, food, haulage and engineering industries, and these four new appointments will help us to continue servicing them all to the very highest standard.”


By Matthew Neville – Senior Correspondent, Bdaily

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