RBS Invoice Finance (RBSIF) has appointed John Nelson as Head of Corporate for the South of England, to strengthen the firm’s asset-based lending capability in the region.
Based in RBSIF’s Reading office, John takes responsibility for the management of the already-successful regional corporate team covering the southern region.
Having worked in the finance industry for 26 years, John has a great deal of banking and ABL experience and a track record of leading successful teams in the commercial and corporate banking world. He joins RBSIF following five years at GE Capital, where he was the UK Commercial Director. Prior to this he spent 13 years in mainstream banking at Lloyds TSB and eight years in the Lloyds Commercial Finance ABL division.
In his new role John will apply his expertise with corporate clients located across the South of England, introducing them to the benefits of alternative funding solutions:
“I was looking for a new challenge, and I am delighted to be joining RBSIF at such an exciting time of development and growth. The team in the south are actively completing deals that provide ABL and invoice finance solutions for a variety of customers. I believe that RBS has some key competitive advantages, and I am looking forward to leveraging this for the benefit of local businesses,” John says.
Chris Hawes, Director of Corporate UK at RBSIF, adds John is a true professional with a great track record in developing ABL business via his previous teams:
“His appointment is another sign of our commitment to the ABL market. We’ve grown the business into a £1 billion operation, and with the support of our customers and our people we will continue to grow.”