Bibby Financial Services has appointed Barry Lee as corporate manager in the East Midlands.
Lee (pictured) has 20 years’ experience in corporate invoice finance and asset based lending and joins from GE Capital Bank.
He will be based in the funder’s Leicester office and is responsible for developing invoice finance and asset based transactions for businesses with turnover of £5m or more.
He said: “The Corporate finance team at Bibby Financial Services is the best in the industry and I’m delighted with my new role. I’m looking forward to helping establish our presence in the corporate market in the Midlands even further.
“Our corporate team can support businesses in any stage of their lifecycle from rapid growth to expansion. In addition, we can structure a range of transactions for mergers and acquisitions, turnaround and refinancing, so whatever the business need is, we can help.”
Formed in 2012, BFS’ Corporate team is focused on developing larger transactions. Over the past two years the team has structured 270 deals, providing available funds of £220 million.
Kevin Craven, corporate sales director for Bibby Financial Services, said: “Our corporate team is a force to be reckoned with and over the past two years we have performed exceptionally well, delivering on our promise of speed and professionalism. We are growing our team and have big ambitions, so I’m delighted to welcome Barry to the business.
“With his extensive experience and knowledge of the corporate funding environment, I’m confident Barry will be a great asset to us.”