Based in Aldermore’s Twickenham office and reporting to Ross McFarlane, regional managing director – South and Midlands, Flynn is responsible for managing the Invoice Finance sales team throughout London and the South East. Invoice finance is used by small and medium sized businesses to unlock cash tied up in unpaid invoices, which can help improve cashflow and facilitate their future expansion.
Flynn brings with him more than 23 years industry experience, including 14 years as a main board director of both bank owned and independent invoice finance providers. Peter has also held board positions across both the sales and client service disciplines.
Flynn said: “Aldermore is now one of the UK’s leading independent invoice finance providers and I’m delighted to have joined at such an exciting time in its development. With mounting speculation that there may be light at the end of the recessionary tunnel, it’s critical that small and medium sized businesses are able to control their cashflow as they go for growth once again. Aldermore has a range of products and services specifically designed to help companies gain greater control over their cashflow and I’m looking forward to working with business owners across London and the South East.”
McFarlane added: “I would like to welcome Peter to the Aldermore senior management team. The Southern region provides Aldermore with fantastic growth opportunities and I have no doubt that with his extensive industry experience Peter will be able to make an immediate impact in his new role. I would like to wish him every success for the future.”
Aldermore has lent more than £2 billion (a combination of commercial mortgages, residential mortgages, asset finance and invoice finance) since first opening its doors for business in the summer of 2009. Aldermore has approximately 12,000 SME customers and has increased its business client base by 52% during the past year, at a time when many other banks have been scaling back their SME lending activities.