SBF strengthens asset-based lending team

Skipton Business Finance (SBF) has appointed Ben Pittam as regional sales director for asset-based lending, covering the Midlands and the South.

With over 20 years’ experience in finance and accountancy, Ben joins from Cynergy Business Finance, bringing a track record in structuring receivables and asset-based finance solutions for mid-market SMEs. 

His remit will focus on driving growth and developing relationships with introducers, brokers and investors across the region.

Ben said: “I’m delighted to be joining Skipton Business Finance at such an exciting time in its growth journey. 

“The launch of our asset-based lending division provides us with a unique opportunity to broaden the range of solutions we can offer businesses, particularly in the Midlands and South where demand for flexible working capital solutions is high. I look forward to working closely with our introducer network and helping clients unlock the potential in their businesses.”

Matthew Shepherd, chief commercial officer at Skipton Business Finance, added: “We are thrilled to welcome Ben to the team. 

“His extensive experience and network in the asset-based lending sector will be instrumental in driving the growth of our new division. 

“The launch of our asset-based lending proposition will create growth in an area of the market which is seeing increasing demand and will broaden our share of wallet. 

“Asset-based lending is used by businesses of all sizes and across most sectors of the economy, and Ben’s appointment ensures we are well placed to capitalise on this opportunity.”

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