Eperienced: The Liquidity Clb's managing director David Totney
Liquidity Club launches in the North and Midlands
Birmingham-based Finance 4 Business Group has launched the Liquidity Club, an alternative new business channel for business funders to assist SMEs looking to raise finance for growth.
The Liquidity Club will be based from two offices in Birmingham and Leeds to cover the Yorkshire, North West and Midlands regions.
David Totney, has been appointed as managing director for the Liquidity Club. He has 30 years’ experience in the asset-based Lending sector, working for bank-owned and independent companies at board level, including Liquidity Ltd, Lloyds TSB Commercial Finance and Euro Sales Finance. Working alongside David as a director is Adam Simpson, who has 25 years’ experience in advisory and cashflow management. Adam joins from Mazars where he was the partner for receivables management. He has also worked for RBS Invoice Finance. Operations manager Will Mason completes the team.
“The Liquidity Club has been created to improve the client experience of raising funds in a complex market, whilst working in collaboration with funders to provide high quality leads suited to their risk and product profile,’ said David.
“We are here to support a number of sectors and notably assist growth in the UK manufacturing industry. Our vast experience of funding requirements means we are well placed to understand the needs of both our clients and funders to ensure the best rates are provided and are encouraging business owners to talk to us.”
Adam Simpson, director Liquidity Club added: “I am delighted to join the Liquidity Club and help to launch a new broker service to market. We aim to simplify the confusing process of raising business finance and help clients access funding to support growth and cash flow needs.”