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Finance provider doubles staff in 12 months

Dave & SueA number of key appointments at specialist financial services broker Midlands Asset Finance means the company has doubled its staff to 15 in the past 12 months.

The firm, which is run by husband and wife team Dave and Sue Chapman, has experienced year-on-year growth since it was founded in 2009, which has led to the firm increasing its employee headcount and purchasing its own premises, just off junction 28 of the M1 motorway.

About the relocation from The Ropewalk, in Nottingham, director Dave Chapman said: “Being based just off junction 28 means that we are in an accessible location, right in the middle of the UK, allowing us to see our clients easily.”

Midlands Asset Finance (MAF) specialises in arranging tailored funding packages to businesses, in particular arranging asset finance, lease transactions and property funding, and assisting with cash-raising transactions and invoice finance.

It operates in all industry sectors, with particular expertise in the construction, haulage, waste management and recycling, manufacturing, engineering and healthcare sectors.

Before starting the company, Sue was a senior director of Lombard Asset Finance in the East Midlands, while Dave previously held a number of senior positions with RBS Corporate.

The firm’s latest key recruits are Ian Brown, who joined the company as a senior business development manager covering Lincolnshire and East of England regions, following a 35-year career in banking with RBS, and head of marketing Matt Hayes, who joined from the Mortgage Advice Bureau, in Derby.

Earlier in the year, Andrew Norris, also with a 35-year in banking, joined MAF to expand the sales support team, along with business development manager Ricky McNeil, who previously worked in the food, healthcare and retail sectors.

The growth means the firm can now offer a wider service to clients across the East and West Midlands, Yorkshire, Lincolnshire and the south.

Dave Chapman said: “Making the business scalable was always a part of our plan, but being able to purchase our own premises and seeing our employee numbers double in such a short space of time is really exciting.

“One of our unique selling points is the personal relationships we have built up, at very senior levels, with all of our funders, which enables us to negotiate and secure the best deals for our clients.

“We also pride ourselves on the personal approach we take with all our clients to ensure we fully understand their business and can service their requirements accordingly.”

On the back of the growth of the business, MAF is undergoing a rebrand and will be relaunching its website in the coming months.