TL Dallas, a company headquartered in Bradford, has been offering trade credit insurance to businesses across the UK for over 50 years and is now expanding its team in the trade credit division. The firm has welcomed four new team members.

Lon Shepherd and Martin Garrow, both account executives, bring a combined industry experience of over 26 years, having joined from backgrounds in invoice finance and banking. Nat Wright and Poppy Whyte have joined the team as apprentices, coming from Leeds Sixth Form College.

Director, Simon Hyde, said: “With insolvencies on the increase and an uncertain economic climate, more businesses than ever before are opting to take out trade credit insurance to protect themselves against the risks associated with selling goods and services on credit.

“That’s why we have appointed two seasoned finance professionals and also expanded the team with two new talented and enthusiastic apprentices. Martin will be based in Scotland, where we already have a team of six and are actively recruiting for a seventh team member. Lon, Nat and Poppy will all be based at our headquarters in Bradford, and their appointments bolsters our highly experienced trade credit team to 14.”

Lon said: “Having worked for almost nine years in credit control and invoice finance roles managing more than 80 clients, I was keen to continue my career at an independent business with an excellent reputation in the trade credit market. The invoice finance sector is very much allied to credit insurance, with many clients having an invoice finance company noted as the beneficiary of the credit insurance policy, so it made sense to make the move.”

Martin said: “I started my finance career in banking 17 years ago and have worked in bill payment, supply chain finance and sales director roles. With a strong focus on client relationships and the analytical side of business finance, I have always found the trade credit side of insurance appealing and am excited to be joining the leading player in this field.”

Simon added: “We supply trade credit insurance, which protects businesses from the risk of non-payment and late payment, to clients based as far north as Shetland, all the way down to Devon, and everywhere in between!

“We have such a strong team, clients who have been with the firm for decades, as well as many new clients in every sector, including the construction, food, haulage and engineering industries, and these four new appointments will help us to continue servicing them all to the very highest standard.”