OSBF launches invoice financing activity | Yorkshire Business News
One Stop Business Finance (OSBF), based in East Yorkshire, has launched a new invoice finance company.
The seven-year-old SME finance specialist has achieved sustained profitable growth across the UK, which has provided the platform for the next stage of its expansion.
The new group company, One Stop Invoice Finance Ltd, will be led by Lynn-Marie Jameson as Managing Director.
Jameson has worked in the invoice financing industry for nearly two decades and brings knowledge of the invoice financing market as well as leadership experience.
She said: “I am delighted to join a team of highly experienced professionals at such an exciting time. The opportunity to help shape the future of business by creating another solution to support SMEs is one that I relish.
Andrew Mackenzie, Group Managing Director of One Stop Business Finance, added: “The business has continued to grow rapidly, despite the impact of the pandemic on our working capital lending and, as with all of our expansion to date, our future recruitment will be fully funded by the cash we have generated.
“Our bill financing plans were accelerated by a few years as we found an exceptional candidate in Lynn-Marie at an opportune time.”
One Stop Business Finance is based in Laytham, near York, and provides secured loans and invoice finance to customers across the UK from its own finance and through its network of finance providers .