Bibby Financial Services (BFS) has appointed Colin Johnson as corporate manager – corporate north, covering the North of England and Scotland.
Johnson (pictured) joins the invoice financier with more than 34 years’ experience in the financial services sector, having most recently held the position of head of corporate sales at Novuna Business Finance.
Based in Manchester, Johnson will join a team dedicated to developing transactions for SMEs with turnover up to £100m supporting a range of funding requirements including working capital and cashflow, growth and expansion, MBIs and MBOs, refinancing, restructuring, and mergers and acquisitions.
Daniel Williams, regional head of corporate north, said: “BFS is in growth mode and attracting, retaining and developing leading industry talent is a key focus for us. Colin has a wealth of experience across invoice finance, working capital and asset based lending, and is perfectly placed to drive forward our business and sales strategies, as we continue to enhance our corporate finance capabilities in the North of England and Scotland.”
Johnson added: “With over 30 years’ experience supporting small businesses, this new role is a great opportunity to shape the future success of a business that I’ve always admired. My existing knowledge will be invaluable to the team, as we continue to expand our offering and product portfolio.
“It’s great to be joining at a time when Bibby Financial Services has such breadth and depth to its SME funding capabilities. Following our successful securitisation deal at the end of 2022, BFS has a total funding capacity of more than £1.3bn so we are in a fantastic position to support new and existing clients, helping them to grow and thrive.
“I am looking forward to working with my existing intermediary contacts, as well as continuing to grow my network throughout the North of England and Scotland, to bolster BFS’s support for SMEs.”