New South Coast Team Head
Bibby Financial Services appoints Nick Carter to head-up new south coast team
Experienced former Lloyds deal-maker to build new regional funding team
The UK’s largest independent invoice finance provider, Bibby Financial Services (BFS), has appointed Nick Carter to head-up a new sales team to cover the south coast as it announces plans to increase lending in the region.
A proven deal maker with operational experience, Nick joined HSBC in 2005, spending two years as Client Manager, before joining HBOS where he managed invoice discounting facilities for businesses turning over up to £25 million. Following the business’s merger with Lloyds in 2008, Nick took-up a role as Regional Manager for invoice discounting and factoring clients in London and the South East.
Commenting on his new role as Head of Sales – South Coast, Nick said: “I’m really pleased with the new role and delighted to join Bibby Financial Services at a time when we are expanding into new areas.
“The creation of the new South Coast sales team will help us to target new business which has historically been captured by high street financiers who have enjoyed little competition in recent years.”
Nick started his new role at the end of April and will report into Andy Leopold who was appointed as Southern Regional Director at the start of 2014. Andy said: “To have someone of Nick’s calibre heading-up our South Coast effort is undoubtedly a massive boost and we’re delighted he’s chosen to come to Bibby Financial Services.”
BFS says that it now plans to grow the team over the coming months and will be recruiting in both business development and operational roles. The new team will cover the entire region from Cornwall to Kent, including business hot-spots such as Plymouth, Bournemouth, Portsmouth, Southampton and Brighton.
Nick said: “Bibby Financial Services currently provides upwards of £388 million to businesses across 300 industry sectors, handling annual client turnover of £4.9 billion.
“There’s a wealth of innovative growth enterprises in the South Coast region and our new team will help them to grow with our flexible funding solutions, boosting local economies.”
In addition to managing relationships with businesses, Nick says the key to the team’s success will lie in building a network of local intermediaries and business advisors.
He continued: “Businesses of all shapes and size need support and guidance from local experts such as accountants, financial advisers and finance brokers. We have an excellent network of connections throughout the UK and we’re looking to continue to develop valuable relationships along the South Coast.
Nick concluded: “Our South Coast team is open, ready for business and committed to boosting the vital funding available to SMEs in the area.”