Skipton Business Finance appoints head of restructuring and recoveries

The role will enhance the firm’s capability to manage complex client portfolios and support businesses through periods of financial challenge and change.

In her new role, Nolan will work closely with the Client Service team on the day-to-day management of at-risk clients, developing and implementing recovery and restructuring strategies in collaboration with senior management and the Chief Operating Officer. She will also assist the Operations team with early-intervention strategies, debt and book valuation reviews, and the oversight of Asset-Based Lending (ABL) facilities in line with third-party appraisals.

Katrina Nolan joins SBF from Close Brothers, where she served as Recoveries Manager (North) since 2019, overseeing recoveries across commercial and corporate lending portfolios. Her earlier career includes senior roles at Moorepay and HBOS/Lloyds Banking Group, where she gained extensive experience in customer relations, financial risk management and business recovery.

Commenting on her appointment, Katrina Nolan said: “I’m delighted to be joining Skipton Business Finance at such an exciting time for the business. SBF has a strong reputation for its client-focused approach and its ability to support SMEs through every stage of their journey. I’m looking forward to working with colleagues across the business to help our clients achieve the best possible outcomes during times of financial pressure.”

Michelle Wilson, Chief Operating Officer at Skipton Business Finance, added: “Katrina brings a depth of experience and a practical, people-centred approach to recoveries and restructuring. Her appointment strengthens our operational resilience and ensures we continue to support our clients responsibly and proactively when challenges arise. We’re delighted to welcome her to the team.”