Hampshire Trust Bank expands asset finance team

The appointment of Alan Timms as Business Development Manager coincides with the bank reaching a landmark in lending – considerably ahead of target - following the completion of over 500 HP & Leasing agreements since its inception in May 2014. 

The Asset Finance team are specialists in both hire purchase and the leasing of motor vehicles, managing deals ranging from £5k to £200k. The team offers finance for cars and light commercial vehicles for business or private use, as well as a range of plant and machinery.

This achievement is well ahead of plan, marking a significant milestone in the development and continued growth of the bank.

Managing Director of Asset Finance Chris Welch said:

“Reaching this milestone is demonstrative of the hard work of the expert team at HTB and our efficiency in ensuring funding decisions are made quickly. We offer market leading acceptance and completion turnarounds. At HTB we value strong, long-term relationships with our intermediaries, and Alan’s appointment will enable us to continue to build on what is an encouraging time for us as we enter a new year.”
 

Alan Timms has joined the team as its first Business Development Manager. Having been a broker himself for the last 8 years and with classic finance house training, Alan understands client needs from the inside. He will focus on expanding the broker network across the UK.

Commenting on his appointment, Alan said:

“I am delighted to be joining the team at such an exciting stage in its development. The business has been growing quickly and I am looking forward to extending the HTB Asset Finance offer to a wider broker audience.”

Mark Sismey-Durrant, CEO of HTB adds:

“Hampshire Trust Bank is focused on financing commercial customers and delivering outstanding customer service through a combination of specialist teams and the best of traditional relationship banking practices. We are delighted at surpassing this significant milestone and, with Alan’s appointment, we look forward to continuing to support both existing and new customers in realising their ambitions during 2015.”