Appointments

Time Finance, Arc & Co and BFS announce new hires




Time Finance, Arc & Co and Bridging Finance Solutions (BFS) have expanded their teams with new hires.

Time Finance

Time Finance has appointed Steve Nichols as director of asset finance, taking over Carol Roberts.

In his new role, he will assume overall responsibility for the operation and performance of the company’s asset finance division.

He will also become a member of the operating board.

Steve has two decades of financial services experience, having built his career working in both relationship and business development roles at various companies, including Barclays, Santander, Close Brothers and, most recently, Simply Asset Finance.

Commenting on his appointment, Steve said: "The opportunity to join Time Finance was an exciting prospect; the business has undergone change in recent years as it repositions itself as a multi-asset funder and is building a strong reputation for delivering a commercially-driven approach to funding. 

“It has a strong asset finance offering to support businesses looking to invest in vital machinery and suppliers who are looking to grow their sales. 

“The asset finance market is recovering quickly as businesses invest in equipment to support growth initiatives.  

“Time Finance is ambitious and has set itself some challenging objectives, which I am looking forward to helping it achieve.”

Ed Rimmer, CEO at Time Finance, added: "Steve is a great addition to the Time Finance leadership team and will carry on the great work that Carol has delivered over the last three years. 

“He brings valuable experience which will support SMEs as they look to make the most of the growth opportunities expected in 2022. 

“His experience will prove invaluable in guiding the future development of our asset finance offering as we look to strengthen our proposition and support to the business market.”

Arc & Co

Arc & Co has appointed Oliver Holden as a structured finance specialist.

Oliver joins the company from SPF Private Clients, where he worked for seven years as part of the commercial debt advisory team.

He has experience in financing real estate across a variety of sectors, including logistics/industrials, residential, student, office, hotel and retail.

“I’m excited to be joining the excellent team at Arc & Co and to be part of its award-winning advisory service, which stands as one of the very best in a congested and competitive space,” said Oliver.

Andrew Robinson, CEO at Arc & Co, added: “We are excited to have Oliver working with us.

“He brings vast experience and industry knowledge, which will add value to Arc & Co and our clients.”

BFS

BFS has appointed Gill Barker as an HR manager and Faye Davin as a credit control assistant.

In their new roles, Gill will support the implementation and management of the firm’s HR strategy, while Faye will provide additional support to the finance team.

Gill has a strong background in recruitment, HR and health and safety, having worked for almost 20 years at The University of Liverpool's Veterinary School at Leahurst as part of the HR department.

Meanwhile, Faye has previously worked at Bibby Financial Services in a similar role for 10 years.

Commenting on her appointment, Gill said: “BFS is a growing and ambitious company that is building its team as the operation develops. 

“It has taken the important decision to focus on and invest in HR with the creation of my new role, which reinforces its strong people-centric values.

“I really look forward to helping develop the company’s HR function in-house, working with the brilliant team.”

Faye added: “As BFS is growing, I hope that I can bring some of the attributes that I developed in past roles, including excellent customer service skills and the ability to maintain good relationships for future deals with the clients, while being mindful of protecting and safeguarding the integrity of the business at the same time.”

Steve Barber, managing director at BFS, commented: “It’s great to have Gill and Faye on board. 

“Faye is a much-needed addition to the finance team, while Gill will help us manage our workforce, improving and introducing procedures and processes that will help us operate more efficiently as we continue to grow.”

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