CATTLES Invoice Finance has recruited Tim Phillips as regional sales manager for Southampton.

Tim, 41, and from the New Forest, has more than 22 years' experience in banking and finance since starting out in the finance house industry in the 1980s.

Since then, Tim has gained extensive experience in a variety of roles, including the development of an invoice finance arm for Scottish Pacific business Finance Pty in Brisbane, Australia during the 1990s.

Most recently, Tim has worked within GE Commercial Finance, structuring financial packages to support MBO/MBI type transactions.

Tim said: "It's great to be joining Cattles Invoice Finance at such an exciting time.

"My role will be focused on dovetailing an asset-based lending capability to our existing invoice finance portfolio in Southampton, Portsmouth and Bournemouth."

Richard Magson, associate director at Cattles Invoice Finance, said: "Tim's varied and extensive skills will be a welcome addition to the team. His experience will be invaluable for understanding client needs and the marketplace across the region."