Hampshire Trust Bank makes key asset finance hire

Hampshire Trust Bank (HTB) has hired Bill Moffat as sales manager within its asset finance division. The lender said the appointment highlights the bank’s commitment to the green agenda, as Moffat will be leading on Clean Air Funding Schemes and HTB’s climate-based asset finance proposition.

Moffat brings over 20 years’ experience in the asset finance sector industry, having previously worked as director of corporate sales at Advance Finance & Leasing Ltd for 13 years. Prior to that, he spent four years as a corporate development manager at Lombard Corporate Finance.

As well as driving the bank’s climate-related asset finance activities, Moffat is tasked with managing its broker flow business in the North of England, working with some of the UK’s largest intermediaries.

Last year, HTB’s Asset Finance division funded over £24m of climate-based sustainable assets. These included electric cars and vans, LED lighting, renewable power generation and recycling plants.

Bill Moffat, sales manager, Asset Finance, Hampshire Trust Bank, commented:

“Having worked on the other side of the fence for the past 13 years, I have experienced varying levels of service from other funders. I have been impressed by HTB’s specialist proposition around brokers and UK businesses, and the bank’s determination to provide them with outstanding service levels.

“When you factor in its growth aspirations and vision to be the go-to bank in its chosen markets and to do all of this with excellence and integrity, this makes HTB an attractive business to be a part of.”

Paul Bartley, Asset Finance managing director, Hampshire Trust Bank, added:

“Having Bill join our already growing team further enhances our capability and appetite to not only pursue our ambitious growth strategy, but to further support our brokers who are seeing increasing demand for sustainable assets across a wide range of sectors.

“We will continue to support funding for proven technologies as well look to build on last year, in which we significantly increased our funding of assets that help reduce emissions.”