Financial experts Cadre Advisory have launched a brand-new Commercial Finance Division headed up by newly appointed Director Neil Abraham. The announcement comes as Cadre celebrates a 250% rise in revenue since the start of 2022.
Launching this November, the Commercial Finance Division provides clients with strategic and operational advice, using modern technology and live data to provide the best financial options to meet business requirements.
Leading the team at Cadre Advisory’s headquarters in Penarth, Neil Abraham will take on the Commercial Finance Managing Director role having spent seven years working in commercial finance. Neil brings with him a wealth of experience in business development and finance across many sectors, including Trade Finance, Investment Management and Start-up growth.
On his appointment, Neil said: “I am delighted to be joining Cadre Advisory and working with cutting-edge technology to provide forward-thinking businesses with the best advice. The team have been very welcoming, and I look forward to working closely with them as I get stuck into this new opportunity for our new and existing clients.”
Director and Founder of Cadre Advisory, Tom O’Brien, said: “As SMEs face yet further economic challenges, we are delighted to welcome Neil to the team as Managing Director for the Commercial Finance division to support our clients through these turbulent times. Cadre is a fully FCA-approved brokerage and Neil is the perfect person to spearhead this part of the business. His experience will further help us grow the Corporate Finance Division and offer clients an advisory service that is second-to-none.”
Having previously announced the recruitment of Johnathan Raffi and John Saunders, the Cadre team now stands at14, which marks 30% growth in the past six months. Cadre also announced that it is recruiting for two graduates to join the team across accountancy, tax, finance and advisory functions.
Tom continued: “The growth of the business has been exceptional. While we have a huge amount of experience throughout the team, we plan to continue looking out for local talent into 2023, so we can offer a first-class service for a growing number of clients. I’m excited for the New Year, with plans to continue expanding into new regions and new services.”
Cadre Advisory was established just over five years ago by Tom O’Brien and Jamie Williams, who met while training at atop UK financial firm. They remained friends while working in other roles, joining forces again a few years later to form Cadre (previously Lime Advisory)with the aim of helping to dispel the confusion around business finance and accountancy and help entrepreneurs scale and grow their companies.