NW finance firm appoints former managing partner and chartered accountant to aid SMEs
A North West finance firm expands with the appointment of a former managing partner and chartered accountant to support its SME clients and proactively introduce them to its panel of professional advisors.
As a result of the coronavirus pandemic, it has become apparent in the funding sector that SME business owners will need additional support provided by intermediaries to assess the flexible options available for those looking to grow, restructure or sell.
In October PMD Business Finance officially launched Structured Finance Solutions, a team of industry specialists with a large diverse funding panel, that since March has been financing corporate or restructuring transactions, including acquisitions, management buyouts and Employee Ownership Trusts. This is in addition to providing funding support to business owners by reviewing and restructuring their business finance facilities.
The Oldham-based business has now appointed chartered accountant Mark Worsley to provide guidance to SME business owners who need support over and above funding solutions.
Mark has had a successful career to date, qualifying with Deloitte and becoming managing partner of a high growth group of businesses in the early 2000s. As a partner at CLB Coopers, Mark helped to oversee the enormous organic growth achieved until its ultimate sale to Baldwins in 2016.
Providing solutions, identifying opportunities and helping to guide business owners with their current issues and visions for the future, most of whom did not have financial directors, are amongst Mark’s various professional accolades.
Managing director of PMD Business Finance, Peter Dobson, adds:“We have been looking for ways to diversify our solutions offering to enhance the support we provide for our partners and customers. With Mark joining the team, he brings with him a wealth of experience, working proactively with SME business owners.
“We are excited to see where this new chapter will take PMD and the positive impact it’ll have on the businesses we work with.”
Attributes such as these are welcomed wholly by the PMD team, who have been looking at ways to expand their offering as the UK’s largest independent finance broker.
Mark Worsley comments: “I am delighted to have joined PMD at what is a crucial time given all the funding challenges and opportunities the pandemic has created. I have known Peter Dobson, Tom Brown and the team at PMD for many years and have witnessed firsthand the unwavering support they provide to their customers and professional partners.
“These are difficult times for many SME business owners. Access to finance is critical and we at PMD are there to support those who need it.“