Close Brothers Commercial Finance, part of Close Brothers Group plc, has appointed four new Sales Directors and an Area Manager to provide asset finance solutions to the SME sector in the Leinster and Munster regions.

The company said the new positions, reporting into regional sales directors Gavin Smith and Robert Keane, boost the existing asset finance team which now comprises 15 sales directors supporting businesses across Ireland.

Pat Buckley (Sales Director), Matthew Dolan (Sales Director), Kenneth Havelin (Sales Director), Anthony Aylward (Sales Director) and Darren Robinson (Area Manager) bring a wealth of experience to Close Brothers from a wide range of industries, including motor and commercial vehicles, farming, technology and engineering.

Adrian Madden, Head of Sales at Close Brothers Commercial Finance, said: “It is this extensive understanding of businesses in Ireland that will enable them to work with SMEs to create uniquely structured, bespoke finance packages. Businesses in the Leinster and Munster regions will benefit hugely as we have strengthened our team. I am excited to see the difference that they will make in helping firms to invest in the future.”

Close Brothers Commercial Finance offers funding solutions such as including asset finance, invoice finance and asset based lending. According to Madden, asset finance is now the fastest growing finance option on the market and Close Brothers tailors products such as hire purchase, leasing and refinancing to enable the purchase or refinance of capital equipment.

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Madden added: “Our own research indicates that almost 60% of all Irish firms plan to invest at least €25,000 in their business over the next 12 months.