Specialist asset-based lender Ultimate Finance is today announcing the appointment of Ronnie Stokes to Head of Sales for the North of England and Scotland.
Ronnie has over 26 years’ experience in asset-based lending and banking and joined the business as a Regional Director in June. His expertise, knowledge and understanding in structuring complex multi-product funding facilities will ensure Ultimate Finance continues to be well placed to support its introducers and clients. Ronnie takes over from Richard Hamilton who leaves Ultimate Finance to pursue a different opportunity.
Speaking about his new role Ronnie said “I am excited to lead an experienced team of Regional Directors across the North of England and Scotland. Going into 2023 we will build upon the team’s formidable reputation in the market for listening to the customer and supporting their funding needs. We are heading into a particularly challenging economic period and Ultimate Finance are well placed to support our introducer network and our clients. We have a strong product offering via our structured finance approach and a reputation for outstanding customer service. We will continue our mission to be the funding partner of choice. “
Andrew Ribbins, Group Sales Director at Ultimate Finance comments “I am delighted that we have appointed an internal candidate to this role after a market wide search and is testament to Ultimate Finance’s People Promise of being a progressive and rewarding place to work.
At the end of Q3 we saw a funds in use total of over £280m and Ronnie’s new role will see him play an integral part in further driving that growth and enhancing our regional presence as we continue with our desire to support more SMEs with much needed access to liquidity going into 2023 and beyond.”
2022 marks the lenders 20th birthday with over £10bn of funding delivered for SMEs in this time. Having secured £220m of new wholesale funding facilities this year, the funder has the firepower, appetite, and desire to support even more SMEs with the asset-based lending solutions they need to navigate the many challenges and opportunities that lie ahead.
