Asset finance funder Rivers Leasing has made four promotions within its team.

Rishi Shah, Darlene Fernandes, Jacqui Eadie and Paul Oxley have all been long standing members of the London-based company.

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Shah, who has been business operations manager for six years, is now business operations director with immediate effect. Shah is a key presence within the team, working directly with Rivers Leasing’s brokers, vendors and customers, and heading up the daily operational running of the business, including the front-line underwriting of lease and loan proposals. Shah is the longest serving member of the Rivers team and has been instrumental in the growth of the business.

Fernandes, who joined Rivers Leasing in 2015, is now business operations manager. Jacqui Eadie, who has been with Rivers since June 2015, has been promoted to lease finance manager, and Paul Oxley, who joined in November 2018, is now the lease accountant.

Ratan Daryan, chairman of Rivers Leasing, said: “The team at Rivers Leasing are the truest representation of who we are as a company and what we value; commitment, responsibility, dynamic thinking, care, attention to detail and personal consideration.

Our helpful and supportive team have become a hallmark of the company, and it’s a great pleasure to be in a position to reward the hard work, talent and commitment that each person brings to their role and to the company as a whole.”

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Rivers Leasing provides lease and asset finance to businesses and organisations in all industry sectors. Concentration is on lease values between £2,000 and £50,000.

In 2017, the company offered the public the chance to invest in a £3m Loan Notes campaign through Crowdstacker.

Stephen Bassett, former managing director of Arkle Finance, was appointed as second non-executive director in January 2018.

Since Rivers was launched in 2011, the company has grown at pace. As of 30 September 2017, the company’s total book assets and loans portfolio was a combined £17.3m, which represented a £4.9m increase (+39%) from September 2016.