YORKSHIRE financier Dave Jones has left his position as senior regional managing director at Aldermore Invoice Finance to become a partner at both Reward Capital and its recently launched sister business, Reward Commercial Finance.
Mr Jones (pictured) joined Birstall-based Cattles Invoice Finance, which was later acquired by Aldermore, in 2002 after previous senior roles with Eurosales Finance and Yorkshire Bank.
Over the past 10 years, he has become one of the region’s most active and respected experts in asset based lending and was named ABL Professional of the Year in the 2011 St Nick Awards.
Mr Jones, who qualified as a chartered banker more than 20 years ago, has become a partner in both Reward businesses with a role heavily focused on business generation, deal structuring and ongoing risk management.
Reward Capital was established in Leeds in November, 2010, with substantial financial backing. Its success in the first 12 months has resulted in increased funding support for Reward Capital, and a drive to expand its product offering through the recently formed Reward Commercial Finance which offers ongoing working capital for businesses of up to £3m turnover, via all aspects of factoring, invoice discounting, and inventory finance.