UK-based Skipton Business Finance (SBF) has appointed Katrina Nolan as head of restructuring and recoveries, aimed at strengthening the company’s expertise in handling client portfolios.
In her role, Nolan will provide support to the client service team, focusing on the
Skipton Business Finance (SBF) has announced the appointment of Ben Pittam as Regional Sales Director for Asset Based Lending, with responsibility for driving growth across the Midlands and the South.
Ben brings over 20 years of experience in finance and
Skipton Business Finance has provided six-figure invoice finance to SG Brands, a Sheffield-based distributor of luxury and niche fragrances.
The funding will enable SG Brands to purchase stock from brand holders, enhance supplier partnerships, and widen its distribution network.
Specifics
Skipton Business Finance (SBF) reported a 13% increase in pre-tax profit, reaching £10.8m ($13.9m) for 2024.
A part of the Skipton Group, the company also reported a 19% rise in collective turnover among the businesses it serves, from £2.1bn to
Skipton Business Finance has demonstrated its commitment to supporting sustainable initiatives within its client base by providing six-figure support for Sigma Polymers. The company developed a groundbreaking baling wire made 100% from recycled plastics.
As a result of securing funding
UK-based Skipton Business Finance has extended a £2.5m ($3.05m) invoice discounting funding line to PEC Packaging to help navigate post-Covid-19 challenges.
These funds aimed to support cash flow management and address short-term liquidity concerns of PEC Packaging catering to the
