Aldermore has announced two new appointments to its specialist finance team.

Eric DeArmitt and Jack Grieve have joined as regional sales managers, covering the West Midlands, and North London and the Northern Home Counties respectively.

DeArmitt has over 19 years’ experience specialising in providing working capital funding solutions for SMEs in the UK marketplace. He has worked with intermediaries such as accountants, bank managers, finance brokers, insolvency practitioners, national brokers and private equity to source the best funding solution to meet his clients’ requirements. He joins Aldermore from Nucleus Commercial Finance.

Grieve has been providing working capital solutions to SMEs needing specialised contractual funding for several years. He has worked across the industry to find tailored facilities for clients and has relationships with intermediaries across North London and the Northern Home Counties. He joins Aldermore from Bibby Financial Services.

Andrew Dixon, specialist finance director at Aldermore, said: “We are excited to welcome both Eric and Jack into our specialist finance team. Both have great experience and proven success in their previous roles and will help us to further expand our offering to clients.

“They will both play a key role as we look to expand our product propositions and serve more clients with straightforward financial solutions.”