Lloyds Bank Commercial Banking has appointed three new relationship managers to support businesses across the South West of England, as part of its commitment to help Britain prosper.
Jonathan Thomas, Tom Cheetham and Nick Wadham bring with them a combined total of more than 50 years’ experience in their own specialist sectors and will work out of Lloyds Bank’s Plymouth, Weymouth and Exeter offices respectively.
With Jonathan’s 25 years’ experience working for Lloyds Bank, most recently in the education, charity, government and property sectors, he will work alongside the team in Plymouth to provide funding support and expertise to clients with an annual turnover of between £25m and £100m across the South West.
Tom has been promoted to relationship manager in the Weymouth office after most recently being a client development manager for Lloyds Bank Cardnet. With over 14 years’ experience Tom will work as part of an eight-strong team supporting local businesses across wholesale, retail, and manufacturing sectors, providing support for those clients with an annual turnover of between £3m and £25m.
Nick joins the Exeter team following his time as a regional manager for Lloyds Bank Invoice Finance. Prior to this, Nick spent 12 years’ at HMRC. He will work alongside seven colleagues supporting local businesses across healthcare, wholesale, retail, and manufacturing. Nick will specialise in commercial real estate.
Adam Rainey, Regional Director of the South West at Lloyds Bank Commercial Banking, said: “Against a backdrop of economic uncertainty, businesses need somebody by their side with the expertise to advise and ability to provide best-in-class funding solutions.
“Now is the ideal time for us to bolster our support for those firms looking to put their ambitious growth plans into motion, to help them and Britain prosper.
“We have already pledged to lend £1.5billion to South West businesses this year and growing our team of relationship managers will help us deliver that.
“Jonathan, Tom and Nick have a thorough understanding of the local market and commercial requirements of the region’s businesses and, together, they are here to support entrepreneurs looking to invest in their business.”