Receivables Finance Appointments

Aldermore strengthens ABL team with Joshua Owens appointment

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Aldermore has appointed Joshua Owens as Business Development Manager within its Asset Based Lending (ABL) team as the bank looks to expand its specialist funding proposition for SMEs.

Owens will focus on strengthening Aldermore’s presence across the South, working with brokers, advisers and businesses to increase access to flexible funding solutions.

The appointment forms part of the bank’s continued investment in its ABL capabilities, with Aldermore seeking to help established SMEs unlock capital tied up in their assets to support working capital, investment and growth.

Owens joins Aldermore from Investec Capital Solutions, where he spent almost five years as Regional Sales Director, supporting businesses with working capital and growth finance.

Prior to joining Investec, he spent nearly five years at Bibby Financial Services, progressing through a number of business development roles and gaining experience across invoice finance, asset based lending, recruitment finance, construction finance and trade finance.

Chris Meldrum, Head of Business Development at Aldermore, said: “We’re delighted to welcome Joshua to the team. He brings a strong record in business development, valuable intermediary relationships and a deep understanding of the challenges and opportunities facing SMEs.

“ABL can play an important role in helping established businesses release working capital, invest with confidence and pursue their growth ambitions. Joshua’s appointment strengthens our ability to bring these flexible funding solutions to more businesses across the South, while reinforcing Aldermore’s position as a specialist funding partner for SMEs with more complex requirements.”

Joshua Owens, Business Development Manager at Aldermore, added: “I’m delighted to join Aldermore as it continues to invest in and expand its Asset Based Lending proposition. In an increasingly dynamic business environment, SMEs require flexible funding solutions that align with their operational needs and growth aspirations.

“Aldermore’s relationship-led approach and deep sector expertise position it strongly to support businesses with their working capital requirements and long-term ambitions. I look forward to partnering with brokers and advisers across the South to further extend the reach of Aldermore’s offering.”