Nucleus Commercial Finance, the fintech revolutionizing how UK SMEs access finance, has expanded its growth and acquisitions team with the appointment of Nigel Hibbert as Sales Director.

Nigel has over 20 years’ experience within the financial and professional services industry, focusing on both Asset Based Lending (ABL) and Invoice Finance. Prior to joining Nucleus, he has worked as Asset-Based Lending Sales Director at Independent Growth Finance and as Relationship and Development Director at both Shawbrook Bank and BNP Paribas Commercial Finance UK.

Based in the London office, Nigel will help drive continued expansion of the growth and acquisitions strategy, aiding the procurement and delivery of transactional based deals for UK businesses of all sizes.

With an objective to grow the Nucleus ABL business by the end of 2022, Nigel will focus on funding complex ABL transactions with funding lines of £5million and above. Nigel is joining at a time of great growth and will be spearheading the team to deliver on Nucleus’ ABL growth aspirations.

Chirag Shah, Founder and CEO, Nucleus Commercial Finance commented: “Nigel is an incredibly strong addition to the team and his appointment is a sign of our commitment to growth. Bolstering our specialist asset-based lending team, he brings significant experience from previous relationships management and senior growth development roles.

“We are hugely ambitious and committed to delivering solution-led finance to SMEs up and down the country. As UK businesses attempt to navigate the current environment, we want to be there beside them to help seize the opportunities that come their way.”

Nigel Hibbert, Sales Director, Nucleus Commercial Finance commented: “Nucleus has a unique approach to asset-based lending, with no red-tape, time delays or other barriers preventing businesses from accessing the finance they need to succeed. So long as there are sufficient assets and cover in place, we have the commercial flexibility to unlock support quickly – a real competitive edge in today’s market. I’m joining a hugely experienced and successful team, and I look forward to playing my part to achieve our ambitious goals.”