Begbies Traynor Group PLC
22 June 2007
RNS Reach Release
22 June 2007
Begbies Traynor Group plc
Launch of BTG Commercial Finance
Begbies Traynor Group plc, ('Begbies Traynor' or 'the Group') (AIM: BEG) the AIM
listed specialist professional services group, has formed BTG Commercial
Finance, a new national broking business.
The new business to business finance brokerage will be made up of teams working
from a number of Begbies Traynor offices across the UK offering services
nationwide.
The division will initially focus on the invoice finance market, a sector which
offers the opportunity for reciprocal referrals for both the Insolvency and
Corporate Finance divisions. Additionally, BTG Commercial Finance will provide
broking services for a range of asset, transactional and equity based finance.
As well as building on and developing existing relationships held with the
Group's traditional market, BTG Commercial Finance will aim to generate new
leads for banks and finance houses offering a range of business finance
facilities.
BTG Commercial Finance will be headed up by John Landers who has over 25 years'
experience in the invoice finance industry. He joins Begbies Traynor Group from
his previous position as Sales Director with IGF Invoice Finance Ltd.
Ric Traynor, Executive Chairman of Begbies Traynor Group, commented:
'We are excited by the launch of BTG Commercial Finance and welcoming John
Landers to the team. He brings a wealth of experience to the Group. The
creation of this division means that we now have one of the largest national
offerings in the finance brokerage market. We intend this not only as a profit
centre in its own right, but also as a means of generating opportunities for our
clients and contacts'
Enquiries, please contact:
Ric Traynor
Executive Chairman
Begbies Traynor Group plc
0161 839 0900
Information on Begbies Traynor can be accessed via the Group's website at
www.begbies-traynor.com
This information is provided by RNS
The company news service from the London Stock Exchange