Secure Trust Bank Commercial Finance has bolstered its senior team in the North West by appointing Paul Johnston as Regional Managing Director.
Paul has over 30 years’ experience within the asset based lending market. He joins from Santander where he held positions including Director of Asset-Based Lending (ABL) and Director of International Trade and Working Capital. Prior to this, he held senior roles at Landsbanki Commercial Finance and Lloyds Bank.
In his role at Secure Trust Bank, Paul will be working alongside accountants and business advisors to support SMEs seeking asset based lending solutions between £1m and £50m. As Regional Managing Director, Paul will be responsible for developing and implementing the local strategy and leading the relationship and origination teams in the North West.
In its latest interim results, Secure Trust Bank Commercial Finance revealed it had provided £220.7m worth of funding to UK businesses up to 30 June 2019 – an increase of £33.2m in comparison to the same period last year.
On his appointment, Paul said: “The North West is a thriving, prominent region in the UK, home to a host of businesses in sectors such as manufacturing and pharmaceuticals. I’m delighted to be joining the Manchester team and hope to drive the firm’s success within the region. Secure Trust Bank’s flexibility is what makes it different to other lenders and I look forward to working with businesses across the North West to boost their growth.”