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Andy Phillips to spearhead Hitachi Capital Invoice Finance growth plans

18 November 2009 - Hitachi Capital Invoice Finance is delighted to announce it has strengthened its team with the appointment of Andy Phillips as Head of Sales, to lead the further expansion of the invoice factoring business.

Andy Phillips has over 25 years corporate banking experience with the last 15 years spent specialising in the receivables financing sector, having most recently worked for the Bank of Ireland and Bank of Scotland. 

Andy Phillips, Head of Sales, Hitachi Capital Invoice Finance

At Hitachi Capital he will be tasked with building a sales infrastructure to facilitate dramatic growth, and directing and expanding the existing sales team in order to build on its invoice factoring client base, whilst increasing the average funds out and income generated. He will also take over responsibility managing the relationships with the national brokers with whom Hitachi Capital Invoice Finance works closely.

Steve Smith, Divisional Managing Director said: “Andy’s extensive experience and knowledge of the invoice factoring industry will add even more value to our team as we continue to support local and national SMEs through this difficult time.”  

Andy added: “I believe that this is the ideal time to join Hitachi Capital. With a strong parent company to support us, making money available to lend and over 27 years experience, we have some exciting plans for the future.

“I look forward to working with Steve and the team as we continue to grow.” 

Hitachi Capital Invoice Finance was acquired from London Scottish Invoice Finance by Hitachi Capital (UK) PLC in August 2008. http://www.hitachicapital.co.uk/invoicefactoring

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About Hitachi Capital Invoice Finance
http://www.hitachicapital.co.uk/invoicefactoring

Hitachi Capital Invoice Finance is a division of Hitachi Capital (UK) PLC, part of Hitachi Ltd, one of the world’s largest and most respected groups. Based in Telford and Goring, it is one of the fastest growing companies in the industry; providing confidential invoice discounting and reputable and reliable invoice factoring for small to medium sized businesses.  Hitachi Capital Invoice Finance was acquired from London Scottish Bank PLC in 2008 and is member of The Asset Based Finance Association (ABFA).