Venture Finance Bolsters Midlands Fast Track Finance Team

Premier independent Invoice and Asset-based lender, Venture Finance, www.venture-finance.co.uk, is strengthening its Midlands Fast Track Factoring team with the appointment of Giles Senter as Business Development Manager.

Giles joins Venture Finance’s Birmingham office to capitalise on the growing appetite for Fast Track Factoring in the Midlands region. A continuing shortage of traditional finance means that Factoring is becoming increasingly attractive to Black Country manufacturing firms looking for working capital to quickly finance growth in the upturn.

As part of the Midlands’ team, Giles will work with local businesses to ensure that they have enough cash flow to meet the recovery with strength, whilst developing introducer relationships. He will also look to increase enquiries from introducers and generate further interest in factoring services in the region.

Giles has spent seven years working in the banking and finance industry. He joins the Venture Finance team from Bibby Financial Services and prior to this he worked for RBS Invoice Finance.

Giles Senter, comments, "I’m really excited about this role. With the right funding, the Midlands region has great potential for growth – especially in manufacturing. Local firms have already realised this and are increasingly looking to Factoring to access the finance they need in a way that responds sustainably and automatically to growth in sales performance"

Debbie Bell, Midlands Regional Director for Venture Finance, comments, "It’s great to have Giles on board. Venture Finance is highly committed to the Midlands Region and we are growing our team accordingly. There is a fantastic opportunity in the area to help businesses grow post-recession - Giles will be invaluable in helping us do this."
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Further Information
For more information, images or an interview with Giles Senter or Debbie Bell at Venture Finance,

Eli David, Toby Brown or Lauren Greatorex at Man Bites Dog
01273 716 820
venture@manbitesdog.biz

About Venture Finance
Venture Finance is an award-winning premier independent Invoice and Asset Based Lender, established in 1989. Venture was the first independent invoice financier to offer Asset Based Lending (ABL) in the UK in 1990 and was the first authorised independent invoice financier to provide both the Government’s Small Firms Loan Guarantee Scheme and the new and improved Enterprise Finance Guarantee scheme.

As part of the ABN AMRO group and ultimately owned by the Dutch Government, Venture Finance is a solid partner for businesses wishing to meet the recovery with strength. The company’s award-winning




service has already helped thousands of businesses, from start-ups through to £150m organisations, providing reliable finance tailored to individual client needs. Venture Finance made over £3billion of payments to clients in 2009, providing consistent support, through 200+ staff in 11 regional offices.

Factoring and Invoice Discounting are core services for the business. They both release ongoing working capital back into client businesses, based on the value of outstanding invoices and other assets. Versatile funding services both are ideal for clients needing to manage cashflow, refinance or restructure, fund business opportunities, purchase new machinery, merge with or acquire a new business or expand operations. Both can be combined with Bad Debt Protection to shield against unpaid invoices.

About Fast Track Factoring
Fast Track Factoring can deliver funding within a week to swiftly support cashflow when and where it is needed most. Venture Finance makes a single visit to prospective clients, to determine their requirements. Viable businesses then receive an Initial Offer on the day, with funding available to clients within a week. Clients will also benefit from updates at every key stage of the decision making process. The Fast Track Factoring process is available to businesses with a turnover of up to £2m.