Accelerated Payments offers invoice financing solutions
Accelerated Payments has appointed Michael Harrison as the sales director for the UK.
Harrison, with a 20-year career at major global banks, including HSBC and Bank of Ireland, will help to attract clients, particularly those eyeing global expansion.
He will also focus on driving new business growth in crucial London and Southeast territories.
Accelerated Payments offers invoice financing solutions, aimed at scaling firms, so they can access working capital otherwise tied up in outstanding invoices.
Founded in 2017, the company has advanced €1.5bn, including €500m in the past year.
Accelerated Payments, with offices in Europe, Canada and the US, partners with brokers, and financial and advisory firms.
Ian Duffy, chief executive officer of Accelerated Payments, welcomed the appointment, saying: “His expertise will be invaluable as we embark on a new chapter of collaboration.
“His deep understanding of the financial sector and ability to forge strong relationships will be pivotal in navigating this exciting expansion.”
Expressing enthusiasm about his new role, Harrison said: “The standout feature of Accelerated Payments is its scalable fintech platform, which significantly speeds up the funding process, enabling clients to receive funding within days, not weeks.
“This rapid funding capability is a game-changer for entrepreneurs looking to grow their businesses in the UK and beyond.”
Image: Accelerated Payments