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Bibby Financial Services’s asset finance division, Bibby Leasing, has announced the appointments of Sean Taylor, James Pegler, Jonathan Sollitt and Lauren Davis to senior positions. 

Their appointments come as the firm is looking to refocus its growth strategy to increase lending throughout the UK.

The new team, which will be led by managing director Sean Neville, comes with a combined 50 years of experience in asset finance. 

Taylor joins as head of national broker sales from Renaissance Asset Finance where he was senior corporate sales executive. He comes with over 16 years of experience in asset finance and has held sales roles with Five Arrows Business Finance and State Securities.

Pegler joins as senior risk manager in specialised and structured transactions. He previously held underwriting, credit and client-facing roles at Renaissance Asset Finance, Shawbrook Bank and Barclays UK.

In addition, Sollitt has held credit and underwriting positions with CSI Leasing Europe and HSBC, and joins Bibby Leasing as credit manager, while Davis joins as manager for Bibby Leasing’s newly-created sales support team from Renaissance Asset Finance.  

Neville said: “As a business, we’re in a fantastic position to support UK SMEs in 2023 and beyond. We have a refocused strategy designed to bolster our support for brokers, build new vendor partnerships and to uncover new opportunities by working more closely with colleagues across Bibby Financial Services to develop ABL transactions.

“The depth and breadth of experience of our new team, combined with our existing asset finance expertise is testament to our growth strategy, which saw us almost double new business volumes in 2022 alongside 20% growth in our portfolio during the same period.”

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