Walford handed Aldermore IF role
DAMON Walford appointed as managing director of Aldermore bank’s invoice finance division.
Based in Manchester, Walford joins from RBS Invoice Finance, where he was a regional director for the Midlands and East of England with responsibility for managing sales, client relations and operations
He said: “Cashflow finance is critically important for SMEs across the country and Aldermore has a proven track record of developing a range of innovative financial solutions for British businesses.
“As the economy struggles to shake-off the effects of recession, business owners are looking for financial support to enable them to exploit business opportunities which present themselves. Aldermore is dedicated to helping SMEs and has exciting plans for the future and it’s great to be part of the team.”
Ian Wilkins, Aldermore’s group managing director of commercial finance at Aldermore, added: “Damon brings with him considerable experience which he’ll be able to put to good use as he guides the business through the next important stage of its development.”
Aldermore recently announced that it made £150m of invoice finance funding available to SMEs during September, an increase of 42% on last year.
The bank has eight regional business offices, providing invoice finance, asset finance and commercial mortgage facilities to more than 9,500 business customers.
