Begbies Traynor has formed BTG Commercial Finance, a new national broking business. The new business to business finance brokerage will be made up of teams working from a number of Begbies Traynor offices across the UK offering services nationwide.

Begbies Traynor Group plc, ("Begbies Traynor" or "the Group") (AIM: BEG) the AIM listed specialist professional services group, has formed BTG Commercial Finance, a new national broking business.

The new business to business finance brokerage will be made up of teams working from a number of Begbies Traynor offices across the UK offering services nationwide.

The division will initially focus on the invoice finance market, a sector which offers the opportunity for reciprocal referrals for both the Insolvency and Corporate Finance divisions. Additionally, BTG Commercial Finance will provide broking services for a range of asset, transactional and equity based finance.

As well as building on and developing existing relationships held with the Group’s traditional market, BTG Commercial Finance will aim to generate new leads for banks and finance houses offering a range of business finance facilities.

BTG Commercial Finance will be headed up by John Landers who has over 25 years’ experience in the invoice finance industry. He joins Begbies Traynor Group from his previous position as Sales Director with IGF Invoice Finance Ltd.

Ric Traynor, Executive Chairman of Begbies Traynor Group, commented:

"We are excited by the launch of BTG Commercial Finance and welcoming John Landers to the team. He brings a wealth of experience to the Group. The creation of this division means that we now have one of the largest national offerings in the finance brokerage market. We intend this not only as a profit centre in its own right, but also as a means of generating opportunities for our clients and contacts"

Enquiries, please contact:

Ric Traynor
Executive Chairman
Begbies Traynor Group plc
0161 839 0900