Jeff Longhurst is appointed Managing Director of the UK subsidiary of Eurofactor Group
(14/02/2007)
Jeff Longhurst has been appointed Managing Director of the UK subsidiary of Eurofactor Group.
Jeff Longhurst has been working in the factoring and invoice finance industry, other than a three year period in Asset Finance, since 1979, and has held various positions as Chief Executive, Managing Director, Operations Director and Sales Director.
Jeff has notably worked for Alex Lawrie Factors, Security Pacific Business Finance (Europe), and was MD of South African-owned Metropolitan Factors before setting up GLE Invoice Finance in 1997. This was renamed Independent Growth Finance in 2001 and acquired Dynamic Commercial Finance in 2004.
He is currently Chairman of the Factors & Discounters Association of the United Kingdom and Ireland.
Jeff Longhurst holds an MA (Law) from Trinity Hall, Cambridge.
The UK subsidiary of Eurofactor has a turnover of £1.8bn, which puts it in the top 10 of UK Factors and Discounters, and its profit after tax is 8% above that of 2005. Eurofactor UK offers clients with up to £250m turnover a full range of Receivable Finance solutions including Asset-Based Lending, Securitization servicing and back-up servicing and European Pass®, its one-stop solution for centralized groups in Europe. Eurofactor UK is part of the world's first factoring association, International Factors Group, and is regularly recognized by its fellow factor partners within IFG for the quality, notably, of its import services: it was voted Import Factor of the Year in 2003 and 2005 for the quality of its services.
About Eurofactor
Eurofactor, Europe's foremost integrated factoring network, is a member of the Crédit Agricole S.A. group. Eurofactor supports all companies in their business development. It offers trade receivables management solutions tailored to their strategy, their business sector, their size and client profile, both in France and abroad, notably through a pan-European service called European Pass®.
For further information :
Nathalie Paquet
Eurofactor
nathalie.paquet@groupe-eurofactor.com