NEWS / BLOG

Trade Finance Solutions Inc. European headquarters bolstered by Senior Credit Director appointment

10-21-2016

Trade Finance Solutions Inc. (“TFS” or the “Company”), the international provider of working capital and global trade financing, announces the appointment of Rebecca Mackenzie as Senior Credit Director with immediate effect. Today’s appointment further bolsters TFS Europe, the UK-based subsidiary of TFS, following the launch of its City of London headquarters in June 2016.

Mackenzie, who carries a demonstrable track record in financial services, specialising in the alternative financing sector, joins the Company at a pivotal time in the Brexit calendar, as a burgeoning number of European organisations continue to seek out traditional forms of finance.

During her 15-year career, Mackenzie was Associate Director at PNC Financial Services UK, a leading provider of senior secured financing in the United States with reach into the United Kingdom. At PNC Financial Services UK, she was a senior member of the deal teams, providing over £650m of Asset Based Lending (“ABL”) facilities to refinance or fund acquisitions of UK SMEs – across a range of sectors including Food & Beverage, Entertainment and Retail. During that period, she also worked on providing ABL facilities to fund UK/US cross-border transactions.

Mackenzie also held positions at Societe Generale, Landsbanki Commercial Finance and Westpac Institutional Bank. She was educated at The University of Waikato, New Zealand, where she secured a First Class Honours degree in Business Management Studies (BMS) with a Double Major in Finance and Economics.

TFS offers financing options in global markets across three continents for distributors, manufacturers, suppliers and retailers. The expansion of the Company’s City of London headquarters will allow TFS to grow its brand and offering in Europe, and more effectively service its rapidly growing customer base, delivering efficient alternatives to traditional, inflexible services offered by banks and financial providers.

Steve McDonald, President of TFS, commented:

“We are pleased to welcome Rebecca at a time when our European team is seeing continual progress being made in its deal-pipeline. Her strong financial services background, particularly in asset based lending across the UK SME sector, is highly relevant and beneficial to our strategy. Our mission is to provide commercial financing options for businesses of all sizes who are struggling to access traditional forms of finance – even more so in these uncertain economic times.”