Nucleus Commercial Finance has expanded its business development team in the Midlands with the addition of Stuart Smith as business development manager.

Smith has 14 years of industry experience and joins Nucleus from his most recent role at HSBC, where he was a senior commercial manager, covering the Midlands. In this role, he supported client cash flows via a number of different product suites to ensure client growth for SMEs both nationally and internationally.

He also brings with him experience in handling complex deal structures and supporting introducers with various types of lends.

Smith will be based in Greater Birmingham and will be responsible for expanding Nucleus’ cash flow finance proposition in the Midlands, with a focus on building existing relationships and also forging new partnerships with introducers across the region.

He said: “This is an exciting time to be joining a company that is placing real focus on offering alternative financing solutions in the Midlands. Nucleus not only has a strong reputation in the industry in delivering solution led finance, but it has the ability to efficiently turnaround deals.

“This role will enable me to work with introducers to deliver bespoke solutions to clients and give me the chance to do what I enjoy doing most, providing introducers and clients cash flow support fast.”

Chirag Shah, CEO of Nucleus Commercial Finance, added: “Now is a challenging moment for businesses across the country and SMEs need financial help throughout these unprecedented times. Stuart’s appointment strengthens our presence in the Midlands and ensures we continue to provide important support for businesses in this region.”