In Reference Appointments & Updates
A £450,000 funding package from Henry Howard Finance has helped an independent Welsh gym become one of the largest privately-owned gyms, and the first official Nautilus strength and conditioning site in the country. Owner David Jones, who also owns Planet Fitness in
Aberbargoed, has used asset finance several times before and said it was key to getting his second gym open. “Securing the funding has allowed us to open a second
site, fill the gym with the latest equipment and create 10 more jobs,” he said. “We decided to use Henry Howard Finance as they have a strong relationship with the equipment suppliers and were more competitive than several other quotes we received.”
(l-r) Mark Catton and David Jones
>>
greater proportion of work from our core markets.”
Jaywing has announced a new partnership with Hitachi Capital Consumer Finance. The consumer-finance division has appointed Jaywing to explore a potential to significantly improve its existing application credit scores using Jaywing’s AI modelling technology, Archetype. Hitachi Capital Consumer Finance wanted
to understand the uplifts that may be possible through using a deep learning approach. Jaywing processed data from Hitachi’s recent scorecard development using Archetype to replace the traditional modelling steps. Nick Gibbs, head of commercial and
strategy at Hitachi Capital Consumer Finance, said: “We were very interested in the role that AI could play in transforming aspects of our business’s operation. Not only did Jaywing promise uplifts through the Archetype software, they delivered them too. Archetype solves the black box problem in credit risk, and has given us food for thought in how we approach our modelling activity. I look forward to working with the Jaywing team in the future as we continue to explore the use of AI in our business.”
Shawbrook Bank has achieved £250m of lending to small and medium-sized property
developers across the UK in just its second full year of operating in this market. Terry Woodley, director of development
finance at Shawbrook Bank, said: “We have been building our development finance proposition for the past 22 months and we are very happy at how fast it has grown. “We have big plans for our development-
finance business, including increasing both the number of people in the team and the amount we lend over the next year.”
UK Finance has published its Invoice Finance and Asset Based Lending Update for the second quarter of 2018. Client numbers reached 40,333, an increase of 1.1%
compared to the same quarter the previous year and the highest quarterly level since 2015. The number of clients with a turnover of over £10m increased to over 5,000, up 7% compared to the same quarter the previous year. Stephen Pegge, managing director,
commercial at UK Finance, said: “It is encouraging to see steady growth in client numbers for the second consecutive quarter, with over 40,000 businesses receiving funds through invoice finance and asset based lending.”
Arrow Global Group has appointed Tim Tomlinson as UK head of client development. His focus will be on cultivating relationships
with key UK creditor clients, collaborating closely with the business’ pan-European Origination team regarding on-going client developments and forthcoming transactions. Oliver Stratton, UK country manager,
said: “Tim joins Arrow Global at an exciting time for the business. His experience in leadership roles in sales, marketing, and product development is a welcome addition to our UK business. Tim’s track record of success will help ensure we continue to be the industry leader, delivering positive outcomes for our UK clients.”
Laurie Beagle, former chair of the CICM Executive Board, completed his two-year term of office this month. A member of the CICM since 1983 and a fellow since
1990, he was elected to the Advisory Council in 2010 and the Executive Board in 2012 becoming chair in 2016. He will now become CICM vice president. His career has spanned credit and collections
management, business information, consultancy, training and credit forums which are run in the UK and Europe for various industries. The first forum was started in January 1991 and still meets quarterly. Further he is an international speaker and is regularly quoted in the trade press and online. In September 2015 Forums International was formed and Laurie is currently the managing director.
Laurie Beagle
Call & Screen Recording, PCI DSS Payment Portals, Call Scoring Applications. Centralised compliance, productivity & visibility. Protection for new measurements being considered already live
For more information, contact us on 0141 280 0275 or visit
www.geniusppt.com 48
www.CCRMagazine.com October 2018
Ofcom: Are You Ready for the Changes? No Capex Required
Flexible On Demand Commercials
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52