Lombard, the UK’s largest asset finance provider has appointed a new senior relationship manager for the Oxfordshire region.

Nigel Tyson will work in the company’s business and commercial operation covering small- and medium-sized businesses.

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He joins the team having developed his expertise over 25 years in the asset finance industry and as a long-term resident of Oxfordshire.

Commenting on the market for asset finance in Oxfordshire, Tyson said: "In a survey that Lombard conducted in April 2013, we learnt that since the economic downturn 57% of businesses in and around Oxford have turned away new business because they were hesitant about investing in new equipment.

"This is something that we want to help change so that local businesses can capitalise on opportunities."

Tyson will report to Steve Weeks, director of asset finance for Oxfordshire and Wiltshire.

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