1pm plc, the AIM-listed independent specialist provider of finance facilities to UK SMEs has announced that it has promoted Joe Ralphs to the new role of Head of Soft Asset Broker.
Joe steps up to the position having gained over 12 years industry experience and built a credible career in the 1pm Group. He has worked his way up through the ranks by gaining experience as an underwriter and then operations manager before successfully taking on a role that would see him manage broker relations within the organisation.
With a wealth of experience in building and maintaining strong relationships with brokers and supporting their clients with asset-based funding solutions, Joe now takes responsibility for managing the new business operation whilst continuing to develop the panel of brokers across the soft asset division.
Speaking of his appointment, Joe said: “I am delighted to be given the opportunity to lead such a hard-working and dedicated team at 1pm. Stepping up to this new role comes at vital time for our brokers and their clients as we continue to look at new ways to ensure SMEs receive a financial solution that is right for them during these uncertain times. I look forward to working with the team to make a real difference in the Group; striving to deliver a market leading service that will see us well placed to continue our support in the months and years to come.”
Carol Roberts, Head of Asset Finance at 1pm plc, commented: “This is a thoroughly deserved promotion for Joe who has an excellent reputation for developing long-standing relationships with his broker network and delivering creative funding solutions to their clients.
“In what is an incredibly challenging time for small businesses, we are doing everything we can to support our brokers and their clients, and Joe is the ideal employee to lead our Soft Asset Broker division in doing so.”
Collectively, the Group provide access to a multi-product range of business finance solutions from asset finance, invoice finance, commercial loans through to vehicle finance. With UK SME’s facing a cash flow crisis, the firm is committed to helping ensure they have the right funding in place to trade through these difficult conditions.