Home Business News IGF invests in ABL team following strong EOY results

IGF invests in ABL team following strong EOY results

by LLB Reporter
8th Aug 19 1:58 pm

Independent Growth Finance (IGF), a leading independent commercial finance provider, appoints Dave Pickup as ABL Director for the Thames Valley. Investment in the region follows another successful year for IGF, which included a 39% growth in funded assets and a 29% growth in revenues.

Having worked in the finance industry since 2001, Pickup specialises in improving SME’s cash flow through alternative funding. Providing facilities for every stage of a business’ journey including start-up finance, MBOs and acquisitions, as well as general working capital. His industry experience will support IGF’s growth ambitions and presence in the Thames Valley region.

As IGF continues to back ambitious UK SMEs, Pickup brings a wealth of invoice finance expertise to the company. He joins from RBS, where he held the position of Business Development Manager for almost five years. Prior to this he headed up the Thames Valley SME Invoice Finance team at Metro Bank. Before invoice finance his career saw him work in the trade finance and credit insurance industries.

Dave Pickup, ABL Director, IGF said, “This is an incredibly exciting time to be joining the team at IGF. The various roles I’ve held over the last 20-years have given me a wealth of experience in areas that affect SMEs in the UK. I’m looking forward to increasing the diversity of finance options available to Thames Valley businesses, ultimately helping to unlock their growth potential.”

John Onslow, CEO of IGF said, “Despite political and economic uncertainty our business is thriving. As such, we continue to be very optimistic about 2019 and beyond. In appointing Dave to the Thames Valley area we’re confident we have the right people in the right places to support even more businesses. Our business and our clients will benefit from his extensive knowledge and deep understanding of the SME sector.”

IGF has been funding the growth aspirations of UK businesses since 1997. The company works with businesses with a turnover of £1m to £100m with finance provided predominately on a secured basis against receivables, inventory, plant & machinery and property.

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