Grow Finance appoints senior partner for trade finance

New role also covers invoice finance

Grow Finance appoints senior partner for trade finance

Grow Finance has appointed David Keeling to the newly created position of senior partner within the structured finance and payments division.

Having recently expanded its SME offering to agribusiness, the lender aims to be brokers’ “non-bank of choice” for all SME asset finance and working capital requirements.

Read more:  Grow Finance extends SME loan offering to agribusiness

Working with managing partner, structured finance and payments Andrew Speers, Keeling (pictured above) is responsible for structuring invoice and trade finance deals. These include single product, product fusions and compounded finance working capital facilities. 

As Grow Finance expands its offering of working capital solutions, Keeling will be involved in development of product enhancements, product extensions and new products (single and blended).

Keeling has over 25 years’ experience in financial services, spanning relationship management, trade and invoice finance, origination and business development and credit. He has worked across global banks, non-banks and fintech companies.

Keeling said that as Grow Finance had consistently demonstrated balanced risk growth and is a long-term market player, the goals of the company were in line with his own.

“The company’s goal, and mine personally, is to be the non-bank of choice for business and brokers’ preferred partner for all SME asset finance and working capital requirements,” Keeling said.

Keeling said his short-term focus would  be to build Grow’s invoice finance, trade finance and asset-based lending book. He also planned to maximise opportunities within the existing portfolio.

“Our longer-term focus is to continue to balance risk with growth, whilst servicing the market to the highest standard with an experienced and proactive team,” Keeling said. “Similarly, I encourage brokers to take a long-term outlook with SME clients to help balance risk and promote sustainable growth.”

Read more:  Grow Finance appoints BDM for WA

Grow Finance co-CEO Greg Woszczalski said Keeling would play a key role in helping to facilitate the company’s aggressive growth targets. This included the expansion of its invoice and trade finance offering.

“This will be achieved by assisting the BDM team and working with brokers to structure products and complete bespoke transactions,” Woszczalski said.

Grow Finance co-CEO David Verschoor said that Keeling brings in-depth knowledge and experience in the areas of structuring, credit analysis, sales and relationship building.

“With a strong track record, David will also be responsible for motivating and maintaining a high-performance salesforce,” Verschoor said.

Read more:  Grow Finance extends SME loan offering to agribusiness

Grow Finance said Keeling’s appointment formed part of a broader team restructure to manage increased deal flow, improve service levels and provide ongoing support to brokers.

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