Sancus have announced that Matt Speed has joined the company as Head of Sales for its Working Capital Finance division.

Matt joins The Group at a time of significant growth, following recent expansion of their operations in Ireland and substantial increased activity across all their financing solutions.

Sancus has offices in the UK, Ireland, Jersey, Guernsey, IOM and Gibraltar and specialises in Supply Chain Finance, Education Finance, Invoice Trading and, more recently, Property Development & Bridging Loans in the UK.

Matt brings with him over twenty years’ experience in supporting the financing needs of UK SMEs and joins Sancus from Woodsford Trade Finance, where he was a founding director.

Discussing joining the company, Matt said: “I’m very excited to be joining Sancus in this role, as this allows me to continue helping SMEs fund their working capital requirements but also enables me to expand the offering to bespoke educational products and property backed lending.”

Richard Whitehouse, Sales Director at Sancus, said: “I’m delighted to welcome Matt to Sancus, it was an easy decision to invite him into the business. We have recently closed a dedicated £50m funding line for our working capital solutions as well as doubling the size of the business over the last 12 months and therefore, now is a great time to bring in Matt to lead our already successful Working Capital sales team and maintain our pace of growth.”