1pm plc appoints Berry to drive expansion across the broker market
1pm plc has announced the appointment of Stuart Berry as broker manager in their asset division. Stuart will be responsible for managing and growing their valued network of brokers across the North of the country, in support of the firm’s ambitious growth strategy.
The appointment comes at an exciting time for 1pm as they continue to invest in the business to support their continuing growth. The firm has recently strengthened its management team with the high-profile appointments of Carol Roberts as head of asset and Lorraine Neyland as head of risk.
1pm is focussed on providing UK businesses who are looking to grow and invest with access to the right forms of funding and with recent figures revealing that only 7% of firms make use of leasing, HP or vehicle finance, there is a big opportunity to bring greater awareness to the market around the flexibility that these financial solutions can offer.
Stuart brings to 1pm over 20 years’ experience within the asset finance sector, the last 12 of which in broker management roles with lenders such as General Asset Management, Shire Leasing, and most recently with Ignition Credit. Within these roles Stuart gained extensive experience liaising directly with with clients, brokers and existing lenders to ensure efficient processing and prompt release of funds for complex transactions
Speaking of his appointment, Stuart said: “Having worked with a wide range of brokers in recent years, I am now looking forward to building relationships with and growing 1pm’s network of introducing brokers. Joining 1pm comes at an exciting time, with recent figures revealing that 61% of businesses choose to go to a specialist funder outside their bank relationship, demonstrating that UK businesses recognise the depth and flexibility that alternative funders can offer. I am looking forward to joining 1pm and working with them and their sister companies within the Group to expand our reach to support more brokers throughout the UK looking to finance the complete spectrum of business assets.”
1pm provide access to a multi-product range of business finance solutions to the UK market from asset finance, invoice finance, commercial loans through to vehicle finance. With a strong reputation for providing a flexible and fair approach to funding, 1pm is seen as a trusted partner for both brokers and clients alike.
Carol Roberts, head of asset finance at 1pm plc, commented: “As a Group we are committed to providing our broker community and clients with an excellent service which is tailored to their individual requirements. We recognised a need for an increased presence in the North to support brokers looking for financial solutions and are delighted to welcome Stuart to the broker management team to take on this role. With a proven track record we are confident that Stuart will be a great addition to our team and support us as we continue to strive to deliver market-leading soft and hard asset financial solutions.”