P2P funder makes key appointment

Australian peer-to-peer (P2P) invoice financier The Invoice Market (tim) has strengthened its senior management team by appointing a new national head of sales and referral partnerships.

Bernie Kelly steps into the role with more than 20 years’ experience in the financial services industry. Among his previous roles, Mr Kelly was the director of ARAP Capital, as well as a national franchisee of Fifo Capital and the managing director of international operations at PolicyLink.

CEO of tim, Angus Sedgwick, said that in addition to the extensive business experience Mr Kelly brings to the company, he is a great communicator with strong entrepreneurial skills.

“Bernie thrives on challenges and implementing ideas and importantly, [he has] a knack of getting the very best from people working with him,” Mr Sedgwick said.

“All these skills are essential for a growing business such as tim.”

Mr Kelly said his main goal is to grow tim’s distribution channels and deal flow.

“Since commencing in March as a consultant, I’ve doubled the volume of new business inquiries, which has contributed to a significant growth [of] our invoice funding levels,” he said.

“But I truly believe we’ve just scratched the surface.

“As the awareness of alternative financing and demand for it continues to grow over the future years, tim will be seen as both a pioneer in this market and a reputable business domestically and internationally.”

[Related: P2P funder announces rebrand]

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