Henry Howard Finance appoints first Internal Underwriter

Posted on April 4, 2012 by markrollings

Henry Howard Finance has promoted team member, Joe Watkins, to the position of Internal Underwriter to help continue the growth of the company.

Joe will be responsible for assessing the risk of fundamental lending decisions made for existing and new Henry Howard Finance clients. This promotion will provide Henry Howard Finance with the internal resources to necessitate business leasing decisions, resulting in the reduction of external costs and further instilling confidence in its offering and credentials.

Having worked at Henry Howard Finance for five years as an Administrator, Joe’s experience and ability has resulted in his selection in this vital role supporting those SMEs in Wales struggling to secure funding.

Joe is more than pleased with his new position stating, “This is an exciting step for me and I’m looking forward to working with the company in their next stage of growth. I appreciate all the support I have received from the Henry Howard team over the last few years; they have really encouraged me to succeed.”

The promotion will facilitate the expansion of the company’s new division, Henry Howard Direct, which will provide quicker access to direct funding for SMEs wishing to acquire new business equipment. Henry Howard Finance’s decision to expand their offering came about from a desire to work with customers on a one to one basis. It has identified the opportunity to assist current end-user clients to explore any other funding opportunities to develop their businesses.

Jason Davies, Operations Director of Henry Howard Finance, said: “In the current financial climate, many organisations are finding it difficult to secure funding for genuine business needs. Because we are flexible and efficient, in many cases we can offer companies immediate access to equipment they need to enhance their business aspirations”.

In the last financial year, Henry Howard Finance has provided over £30M to SMEs and hopes to increase this to £40M in the forthcoming year.

 

For further details or to discuss your particular equipment requirement, contact ‘Direct’ on 01633 415 225.  We’ll be pleased to assist.

Henry Howard Finance specialises in business leasing ranging from £1K-£100K, with terms from 12-84 months. Agreements are FLA regulated and are of a fixed rate and fixed term.