Asset-based lender expands reach with Yorkshire and North East senior appointment
Secure Trust Bank Commercial Finance has appointed John Gribbon as regional director, as the firm looks to increase its focus on the Yorkshire and North East region.
John joins from RBS Invoice Finance, where he spent 26 years in various senior leadership positions, including regional managing director in the North. He brings with him a huge amount of experience, and has been responsible for developing and driving growth in income lines, as well as driving customer focus in key clients.
In his new role at Secure Trust Bank Commercial Finance, John will be responsible for building the STB ‘brand’, identifying opportunities to support local SME businesses and the professional community with a view to building a local team in Leeds.
John’s appointment follows an impressive period of growth for the firm, with the bank recently announcing it had agreed £94.2m worth of lending to UK SMEs in the year to 30 June 2017 – a 72% increase on last year’s figures over the same period.
The Manchester-headquartered business offers a full suite of asset based lending and invoice finance facilities to businesses ranging between £500k and £30m.
On his appointment, John Gribbon said:
“Secure Trust Bank Commercial Finance has demonstrated its commitment to funding the UK’s SME community, and works in partnership with management teams and advisors to devise truly bespoke funding facilities. They have seen outstanding levels of growth since inception, making the firm one of the top 10 providers of asset-based lending in the UK.
“I am looking forward to working with the professional community and businesses across Yorkshire and North East, and developing STB’s already strong reputation for delivery.”
Sean Powell, national sales director at Secure Trust Bank Commercial Finance, said:
“John’s strong reputation and expertise make him an excellent addition to the team, and will help us grow our operations into new regional markets. John will be an integral part of our senior leadership team and will support us as we continue to grow our lending balances at the impressive rate we have seen in recent times with a strong focus on service.”