Aldermore has appointed Nick Smith as regional managing director of its invoice finance business in Yorkshire.

Smith is based in Aldermore’s Cleckheaton Office and reports to managing director, Damon Walford.

He will be responsible for a team of which provides small and medium sized businesses throughout the North of England with a range of services designed to unlock the value of unpaid invoices.

Smith joined Aldermore in May 2010 as sales development director and has more than 18 years’ experience in commercial finance. Prior to joining Aldermore, he worked for the Davenham Group where he was business development manager for Yorkshire and the North East.

Before that, he held various management positions in trade finance and international banking during a 13-year spell at HBOS.

Smith said: “Having worked within Aldermore Invoice Finance for more than 18 months