Bristol-based invoice finance provider Optimum Finance is looking to grow its business in the Midlands following the appointment of a new regional director.
Ewan Clarke, pictured, joins with a background in both insolvency and corporate finance -experience that Optimum Finance said would be invaluable to Midlands businesses seeking additional finance for sustained growth, business recovery and turnaround.
As the UK’s most active advanced engineering and manufacturing hub, the Midlands supports 14% of the country’s entire advanced engineering workforce.
Many of the region’s small and medium-sized businesses are part of the supply chain for manufacturing giants in the automotive sector, along with companies focused on transport technology, energy storage and food tech.
Ewan, who was most recently a sales director at Nottingham corporate turnaround firm Business Sustainability and has also worked at Aldermore Bank, FRP Advisory and as an apprentice footballer at Watford FC, said long-standing businesses and innovative start-ups could benefit from the additional cashflow unlocked from their business-to-business invoices under a factoring facility.
“The Midlands is filled with companies that operate across a diverse range of sectors, from manufacturing and engineering to energy and logistics,” he said.
“Factoring and invoice discounting is perfect for supply chain firms that work in all disciplines of these industries.
“Optimum really cares about delivering the best result to both their clients and introducers, and I am thrilled to be part of the team and looking forward to supporting businesses across all sectors in the Midlands.”
Optimum Finance chief commercial officer Lynn-Marie Jameson added: “Our current Midlands-based clients form supply chains to many well-known brands such as Jaguar, Land Rover and Lotus.
“We have always supported SMEs in the region and, with Ewan onboard, we are excited to support many, many more.”
Ewan’s appointment follows that of Paul Green as regional director for the North in July.
Optimum, which was launched in 2017, provides a range of payment services to small and medium-sized enterprises (SMEs) across a range of sectors.
It has also been at the forefront of using the latest technology to assist firms in optimising operational efficiencies and effectiveness in areas such as working capital, growth and costs.