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Innovation Finance Limited

Innovation Finance (IF), a new receivables financing company, has opened its doors for business.

IF will be a provider of sales ledger administration and cashflow services to SMEs primarily based in London, the south east and the Home Counties. The company’s managing director, Roger Taylor, has recruited a highly experienced and proven management team to join him, a number of whom have previously worked together.

“This is an exciting time to launch a new truly independent factoring house which will have a refreshingly different approach to professional introducers and clients. The new company will be focusing predominantly on a personalised service and the establishment of long term relationships” says Roger.

The management team has a wealth of expertise in helping SMEs to grow their businesses successfully.

Roger added: “Experience will be a key factor in the current economic climate, where the fundamental risk and credit requirements will need to be carefully managed at all levels.”

The team includes John Reed as chairman, who is currently a non-executive of two London-based banks. He also advises a number of other financial institutions and corporate entities. Two further members of the team include Mike Watson, director of operations and Greg Taylor, director of sales.

Both John and Mike have worked previously with Roger at Arbuthnot Commercial Finance prior to its sale two years ago. 

For further information or enquiries please contact:   Roger Taylor on 01424 858280 or 07909 505054. John Reed on 01424 858285.