Funder appoints experienced financiers to drive regional growth
Bibby Financial Services (BFS) has appointed Sean Flannery and Ronnie Stokes as Corporate Managers for the North of England and Scotland respectively, as it looks to bolster its corporate funding throughout the UK.
Supporting businesses with turnover of £5m to £100m, BFS’s Corporate team was formed in 2012 and has structured more than 600 deals across the UK.
Sean Flannery has over 15 years’ experience in commercial finance and joins BFS from RBS Invoice Finance where he held a number of positions, including Head of Sales for the North West.
Ronnie Stokes joins BFS from Clydesdale Bank where he was Senior Relationship Manager. Prior to joining Clydesdale, Ronnie held the role of Lending Director at RBS and has over 18 years’ experience spanning corporate banking, invoice finance and asset based lending.
Dan Burton, Regional Head of Corporate – North said:“Building on our Invoice Finance heritage, in recent years, we have significantly enhanced our product offering to include Stock Finance, Foreign Exchange and Asset Finance. This has enabled us to write more and bigger ABL deals, and we want to maintain this growth trajectory across the country, supporting more businesses and intermediaries alike.
“The North of England and Scotland are both strategically important areas for us. I’m delighted to welcome Ronnie and Sean to the BFS family. Both have extensive knowledge and experience of the corporate finance space and will undoubtedly enable us to grow our funding even further.”
Speaking of his appointment, Sean Flannery said:“BFS is an extremely forward looking funder and I’m pleased to be joining the company at a time of significant growth. My aim is to leverage existing contacts, in addition to developing new relationships throughout the region to increase funding available for UK PLC.”
Ronnie Stokes added: “Growth businesses are the driving force of Scotland’s economy, and many are looking for flexible working capital solutions to enable them to recruit and expand.
“I’m delighted with my new role at BFS. This as a fantastic opportunity to grow our corporate funding at a time when many businesses are looking to take advantage of growth opportunities.”
In March, BFS was awarded 33rd place in the Sunday Times Best Companies to Work For – the sixth time the business has featured in the top 100.