Manchester-based chartered surveyor and property consultancy Sanderson Weatherall has appointed Chris Brooke from BDO as associate partner to expand its asset advisory service.
Brooke is a debt and working capital management specialist and joined the asset-based lending valuation and advisory department. He will work alongside Christian Humphreys, partner, and Lee Joyce, associate partner, in delivering ABL services to financial lenders, insolvency practitioners, corporate recovery specialists and private equity houses.
Brooke’s appointment means that Sanderson Weatherall is able to offer new services such as accounts receivable collateral review and audit, debtor ledger collect out management and debt advisory consultancy services, in addition to existing services of inventory, property, plant and machinery valuation, and portfolio management review.
Humphreys said: “Chris has more than 13 years’ experience in the sector and brings with him skills and knowledge that enable Sanderson Weatherall to strengthen its offering to clients. With Chris on board, we can now deliver a complete asset advisory service, nationwide, which incorporates valuation, advice and management.
“The asset finance market continues to see a robust recovery following the economic downturn and demand for these types of services and products is growing. Companies looking to expand or refinance are increasingly looking at new ways to fund their plans and unlocking cash tied up in assets is one way to do this. Funds secured against assets offer greater flexibility and power to access cash quickly and easily without pressures in approving unsecured lending, making it an increasingly popular choice for businesses.”