Praetura Asset Finance has announced the promotion of Ric Simmons to the board of directors. Following another record-breaking year for the independent asset finance funder, the newly created role of sales director is part of the next growth phase for the company.
One of the original members of the team that established Praetura Asset Finance just five years ago, Simmons has worked in the asset finance industry for over 15 years.
Mike Hartley, managing director at Praetura Asset Finance, said, “Having worked with Ric for a number of years, I have watched his progression with pride and this promotion is very much deserved. We are seeing both our business and the asset finance market go from strength to strength. But there’s still a lot to do; with far too many SMEs not fully understanding the wealth of options that asset finance can make possible for their business. We have great plans for 2018, Ric’s promotion to the board is just the start!”