Asset finance provider Arkle Finance has appointed the co-founder of Close Leasing as a non-executive chairman.

Paul Bartley joins after a 30 year career spanning a number of companies. Since 2017 Bartley has been chief executive officer of FairSquare.com, a new and used car sales and finance digital platform. He has also been a sales director at ING Lease from 1990 to 2002, a European business director at CIT Group from 2003 to 2007, and director of Close Brothers from 2007 to 2017.

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Daniel Bailey, managing director of Arkle Finance, said: “Bartley is joining Arkle at an exciting and decisive time, as we build on the achievements under the guidance of Roger Weatherby and move up to the next stage in our growth trajectory.

“Bartley’s expertise and skills and successes in specialist markets complement Arkle’s strengths and ambitions well, and together we’re looking forward to helping a wider range of clients secure the right finance for both hard and soft assets of all sizes.”

Founded in 1997, Northamptonshire-based Arkle works with more than 150 finance brokers across the UK and provides asset finance to both SMEs and consumers.

Paul Bartley, chairman of Arkle Finance, added: “Arkle has assembled a highly skilled and dedicated team with strong traditional values and who have established an excellent reputation in the support of finance brokers, SMEs and consumers.

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“That strength and depth is a testament to the astute stewardship of my predecessor Roger Weatherby, and I am looking forward to assisting the team in the implementation of their growth strategy.”

Weatherby is a direct descendant of the founders of the Weatherbys Banking Group, a private bank with a heritage dating back to 1770 and of which Arkle Finance is incorporated under.

Last month Arkle Finance released data showing overall growth across sectors, with high levels in specific specialist sectors. Investment appetite was highest among construction sector firms, which posted a 152% increase in demand for Arkle’s asset finance products.