Specialist funder Bibby Financial Services has boosted its corporate finance team with the appointment of Barry Lee as Corporate Manager in the East Midlands.
With a background in corporate invoice finance and asset based lending, Barry brings with him 20 years’ experience in the industry having joined from GE Capital Bank.
Barry said: “The Corporate finance team at Bibby Financial Services is the best in the industry and I’m delighted with my new role. I’m looking forward to helping establish our presence in the corporate market in the Midlands even further.”
Formed in 2012, BFS’ Corporate team is focused on developing larger transactions. Over the past two years the team has structured 270 deals, providing available funds of £220million.
Corporate Sales Director for Bibby Financial Services, Kevin Craven, said: “Our corporate team is a force to be reckoned with and over the past two years we have performed exceptionally well, delivering on our promise of speed and professionalism. We are growing our team and have big ambitions, so I’m delighted to welcome Barry to the business.
“With his extensive experience and knowledge of the corporate funding environment, I’m confident Barry will be a great asset to us”, Kevin continued.
Barry is based in the funder’s Leicester office and is responsible for developing invoice finance and asset based transactions for businesses with turnover of £5m or more.
Barry concluded: “Our corporate team can support businesses in any stage of their lifecycle from rapid growth to expansion. In addition, we can structure a range of transactions for mergers and acquisitions, turnaround and refinancing, so whatever the business need is, we can help.”