Accelerated Payments, a leading provider of business funding options, has brought in Michael Harrison to serve as the company's Sales Director for the United Kingdom. Harrison’s new role will concentrate on supporting current clients and acquiring new ones in the UK, especially those looking to expand globally.
Equipped with an illustrious 20-year tenure at prominent global banks such as HSBC and Bank of Ireland, Harrison has built a robust track record running sales teams and implementing banking operations across various markets, including Invoice Finance, SME, Corporate, and Healthcare. Furthermore, his competent leadership over six years at the high-growth technology SME, SureCloud, stands him in good stead. Harrison intends to apply this wealth of experience to Accelerated Payments' growth objectives, specifically in London and South East territories.
This appointment concludes an extraordinary year for Accelerated Payments, seeing them push an additional 500 million in funding to businesses worldwide. This increase ups the total to 1.5 billion on the company’s sixth anniversary, showing a marked rise in demand for their inventive invoice financing solutions. These solutions have proven to be speedy and effective methods for companies looking to grow to access the working capital tied up in outstanding invoices.
Besides, it illustrates the company's successful strides in strengthening its strategic alliances with brokers and advisory and financial companies, while also broadening its global footprint, now boasting offices throughout Europe, the UK, Canada, and the USA.
Ian Duffy, CEO of Accelerated Payments, welcomed Harrison’s appointment by saying, "We are delighted to welcome Michael to the team. His expertise will be invaluable as we embark on a new chapter of collaboration with more Debt Advisory, Private Equity, and Venture Capital firms. His deep understanding of the financial sector and ability to forge strong relationships will be pivotal in navigating this exciting expansion. Michael's strategic approach and innovative thinking align perfectly with our mission to provide comprehensive financial solutions and will enhance our capacity to meet the evolving needs of our clients and partners in these dynamic sectors."
In response to his new position, Michael Harrison shares, "I am thrilled to be joining a company at the forefront of providing flexible working capital solutions to businesses. The standout feature of Accelerated Payments is its scalable fintech platform, which significantly speeds up the funding process, enabling clients to receive funding within days, not weeks. This rapid funding capability is a game-changer for entrepreneurs looking to grow their businesses in the UK and beyond. I am excited to contribute to a team dedicated to offering innovative financial solutions to businesses facing the challenges of today's economic landscape."