Bond wins promotion to risk director
Pulse Cashflow Finance, the specialist provider of invoice finance to UK businesses are delighted to announce that they have promoted Terry Bond to the role of risk director with immediate effect. The appointment is part of the firms’ growth plans following its’ acquisition by Cubitt Holdings and subsequent investment in taking the business to the next level as it supports the increasing demand for invoice finance solutions amongst the SME population.
In this new role, Terry, who is based out of their Basingstoke office, will report to the managing director and will be responsible for leading the risk function across the Pulse business. As risk director he will be responsible for all areas of risk, underwriting and compliance ensuring the function not only supports the fast take on of new business but also manages their overall client portfolio risk. In addition to this, he will lead the firms’ compliance to industry changes, GDPR, AML and Cyber risk,
Terry brings a wealth of experience to the role having previously held the position of risk and compliance manager at Pulse for 5 years. Prior to that he spent 5 years in operational roles at Pulse most latterly as head of debtor management. Prior to Pulse he spent 4 years at Barclays within their risk team.
Pulse Cashflow are pursuing an ambitious growth drive having recently expanded their geographical coverage but have also expanded their range of solutions using the latest technology to ensure clients can access vital funds quicker and easier than ever before. The firm is committed to ensuring that UK businesses can access the flexible and transparent funding solutions they need to support their business growth.
Commenting on his promotion, Terry said “I’m delighted to be taking on this new role at what is going to be a challenging time for UK businesses. As the economy faces a difficult year ahead, we need to double our efforts in ensuring we recognise and manage our portfolio accordingly. In addition to that ensuring we can deliver responsible funding solutions to businesses who need access to funding quickly to support their businesses will be our priority. Pulse has ambitious growth objectives and I’m committed to ensuring that myself and my team continue to support the achievement of these goals”.
Pulse Cashflow Finance have been on an exciting journey over the last few years which has seen a sustained period of investment into the business and an uplift in our client portfolio. They have ambitious plans, to provide UK businesses with access to funding solutions that will help firms continue to drive forward with their plans. With funding facilities up to £5m, businesses can be confident that they have access to the funds they need.
As Toni Dare, MD at Pulse Cashflow Finance concluded: “I’m absolutely delighted that Terry has been recognised for his contribution to the business over the last decade. His appointment as risk sirector is testament to his leadership of the function in recent years and confirms our commitment to promoting from within our own teams and demonstrates the success of investing in our employee’s development. Terry is well known across the industry having earned a strong reputation within his specialism and will continue to be a real asset in supporting our growth and ambitious plans as we move forward”.