Wilson Field has expanded its West Midlands office with the appointment of financial consultant Paul Atkins.
Paul, 45, from Sutton Coldfield joins the company with more than 20 years experience in the finance sector after previously working for Barclays, HBOS and as managing director of Birmingham Ultimate Finance.
Wilson Field, one of the country’s premier business turnaround and insolvency specialists, is based at Blythe Valley Business Park, in Solihull.
Paul is tasked with liaising with businesses on a range of financial solutions to support their cashflow needs and help prevent insolvency or assist with restructuring.
He said: “I aim to add value to businesses needing financial assistance in managing cashflow more effectively, whether it is to support recovery, growth or a restructure. I’m here on an advisory capacity and will use my experience in the sector to find the best options available which suit the needs of the business.
“This could involve some hand-holding during a difficult period to avoid becoming insolvent or provide advice on how to evolve the business to ensure it keeps afloat.
“It is still a challenging time for businesses, with banks continuing to lend cautiously and only when it suits their balance sheet rather than when it suits a company’s. Therefore, access to any finance is invaluable for businesses and many are continually looking at alternatives to traditional methods, such as a loan from the bank and using the overdraft.”
Wilson Field can provide assistance to sole-traders and SMEs on raising money against invoices, securing finance for working capital, searching for commercial mortgages and seeking private investors.
Nationally, Wilson Field has seen turnover rise to almost £6million, continuing a year-on-year growth for the business which was established in 2001.
The company also has offices in Sheffield, Manchester and Leeds, with a further five more offices planned to open in 2013.