Independent Growth Finance (IGF), leading independent commercial finance provider, appoints two new ABL directors. Michael Ward in Yorkshire and James Hogan in London, to strengthen their presence across the two regions where they have a growing presence.
James comes to IGF with over 15 years of experience supporting SME’s in corporate and leveraged finance banking sectors. He specialised in leveraged and structured finance solutions in the commercial and corporate mid market In London. Prior to his time at Code Investing ltd, he spent over 12 years as associate director within the corporate transactions team at RBS.
Michael also began his strong career with 17 years at RBS, leading him to a relationship manager role within the invoice finance team. He continued his career over the last two years as senior relationship manager at NatWest and relationships director at Shawbrook Bank.
Both James & Michael will be extending the financial support available to mid-sized businesses in the year ahead. Providing asset based lending facilities to businesses, which can flex if they need to take on or sell assets.
Matt Shepherd, commercial director at IGF commented: “In the last four years, IGF has continued to grow its client book and team. We are excited to bring James & Michael onboard to further support businesses in London and Yorkshire. Providing businesses with much needed access to cash flow during these times of unprecedented change.”
As one of the first ABL lenders to become accredited on the Coronavirus Business Interruption Loan Scheme (CBILS), IGF announced in October it had provided £65 million of new lending since the lockdown began. This has provided much needed financial support to both new and existing clients during this challenging period for businesses.