Invoice finance firm Optimum Finance has appointed Mike Stevens as the new regional sales director for London and the South East, signalling the start of the next phase of growth for the company.
With a background in banking and finance at Barclays and RBS, Stevens joins Optimum Finance with a view to drawing on his tech sector experience and bringing a fresh, new-age approach to cash flow financing.
His appointment highlights the growth of Optimum Finance over the past year, recently doubling its staff numbers as it continues to expand its roster of high-profile clients across an array of industries.
Commenting on his appointment, Stevens said: “We are seeing a huge shift from invoice finance being viewed as a factoring product to it being viewed as a product to facilitate business growth; the solutions we provide are helping those businesses to achieve their aspirations and that’s something I’m passionate about.
“SME businesses are the lifeblood of the UK economy and it’s great being able to work so closely with business-owners so they can concentrate on developing and expanding their companies. I’m thrilled to have joined Optimum Finance at such an important time of expansion; it’s a great privilege becoming part of such a rapidly growing and expertly run business.”
Richard Pepler, CEO of Optimum Finance, said: “Having previously worked with Mike, I’m certain his appointment is going to be hugely positive for the company.
“We pride ourselves on the strong, trusting relationships we build with our clients and I know that, as the new regional sales director, Mike is committed to providing high-quality invoice finance solutions to enable the business-owners we work with to focus on what they do best.”
Founded in 2017, Optimum Finance provides tailored funding solutions for SMEs to enable them to release cash tied up in client invoices. Optimum Finance offers a range of flexible funding solutions which grow alongside clients’ businesses. Products include invoice discounting and factoring as well as a dedicated credit control team if clients prefer to outsource this element of their financial management.