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Raphaels Bank to expand vehicle funding for brokers

Ashley Davies
Ashley Davies, business delevopment manager at Raphaels Bank

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11 September 2015

RAPHAELS BANK is expanding by offering more business to brokers with vehicle funding lines following the appointment of Ashley Davies in its growing Asset Finance Division.

Established back in 1787, Raphaels Bank is an independent with a strong portfolio in motor and commercial asset-based finance, has appointed Ashley – who has previously worked at ING Lease – as its business development manager.

Ashley plans to work closely with a network of commercial finance brokers to support business growth with lending against cars and commercial vehicles.

Ashley plans to work closely with a network of commercial finance brokers to support business growth

Raphaels Bank says its goal is to be competitive in the commercial asset based lending market by giving customers a more personalised assessment of a business’s individual needs, and a offering a flexible, high-quality service.

Head of lending at Raphaels Bank, Carl Virgo, said;

“Commercial brokers contribute to the core of our business and Ashley will ensure we maintain our focus on delivering competitive, quality and speedy finance solutions to their SME customers.

“An industry professional, with excellent interpersonal skills and a proven track record in sales, risk assessment & new business operation, he is a valuable addition to our team.  He will be a key figure in further building Raphaels Bank’s reputation in the commercial lending arena, complementing our strong market position already seen in motor finance.”

Ashley has over 35 years’ asset finance industry experience with previous appointments including 6 years with ING Lease as manager, dealer & manufacturer management and sales management positions with four other blue chip companies in the business and motor finance sector.

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