RBS Invoice Finance appointed Melinda Purdy head of Asset-Based Lending for the UK.
Purdy has worked for the bank for 18 years and has extensive experience working in structured finance and financial sponsor-led deal activity. She has worked with a wide range of customers across the UK, providing lending support to corporations.
She will lead RBS Invoice Finance’s Asset Based Lending UK division, which employs over 80 people, and will manage the division’s four regional heads and their teams across Scotland, North, South and the Midlands.
Jim Higginbotham, head of corporate specialist sales for Lombard and RBS Invoice Finance said, “Melinda’s appointment is a strong indicator of our ability and desire to support corporate customers and help them realize the benefits of using ABL. She has worked in a lending environment for many years and has some great contacts across the debt advisory community. I have no doubt Melinda will leverage her experience to the wider ABL team and achieve great success for this growing UK business.”