Lloyds Bank has made two new appointments in its global transaction banking business in the Midlands to strengthen the support it offers to mid-market firms with ambitions to expand.
Tim Koeman has joined the bank’s new trade and working capital team as a client manager, supporting businesses with an annual turnover above £100 million.
With nearly 15 years’ banking experience, he will draw on his time of managing international companies and understanding of trade finance and asset based lending facilities to help firms capitalise on growth opportunities domestically and overseas.
Rebecca Blaymires joins the same team as an associate director of business development, after managing relationships with professional services and healthcare businesses for five years.
She will be working closely with new and existing clients with an annual turnover between £25 million and £100 million to provide invoice finance facilities.
Mr Koeman and Ms Blaymires will report to Mark Parsons, head of the trade and working capital team in the Midlands.
Mr Parsons said: “Confidence in the Midlands is rising as the economy continues to grow, and plans that were once on hold are being revisited. By putting the needs of our clients first we can understand how their business is evolving and what funding solutions will deliver the results that they need.
“We have a range of products available that can do this, from asset-based lending to invoice finance, and the appointment of Tim and Rebecca brings additional experience and product knowledge to the team to help businesses achieve their growth ambitions and overcome any challenges they may face.”