SME loans company Reparo Finance has appointed a new senior Business Development Manager (BDM) as it targets growth across the Midlands.
Gurinder Mandir joins the commercial lender from Cyldesdale and Yorkshire Bank Group (CYBG) and will be responsible for growing ReparoFinance’s network of introducers in key cities throughout the region.
In his new role, Gurinder will also manage client relationships across the Midlands, ensuring SMEs are provided with access to flexible lending solutions that suit their growth ambitions.
Steve Richardson, Sales Director at Reparo Finance, said: “Gurinder is experienced in developing creative and agile funding solutions, which address the needs of future-focused SMEs. Additionally, he’s worked closely with the National Association of Commercial Finance Brokers and has driven their schemes forwards in the Midlands. His experience and network will help us expand our reach amongst the region’s finance brokers, accountants and thriving SME community.”
Prior to CYBG, Gurinder worked as a business banking relationship manager for Barclays. He added: “It’s an exciting time to be joining ReparoFinance. The Midlands is home to a huge number of SMEs, which are facing an ever-increasing funding gap. They are either being ignored by traditional banks because they’re not valuable enough or there’s no real appreciation of why they require finance. By working closely with brokers and accountants, we’ll be able to connect more of the Midlands’ SMEs with our funding solutions to support business owners’ ambitions.”
Gurinder’s appointment follows the recent announcement that Daniel Jones joined the business from Lloyds Bank. Daniel’s role is Senior Business Development Manager for the South East and South West of England.
Steve Richardson concludes: “When it comes to SME funding, of course Coronavirus Business Interruption Loans (CBILS) have dominated the headlines in recent months, but many small and medium sized companies aren’t getting the support they need and are increasingly looking for alternatives. We’re making new hires to build our network to meet this demand and make our business friendly borrowing more available to SMEs tired of rigid, complex and slow bank-based lending.”
