×


Home About Contribute Media Kit Contact Sign In
×







.


Finance Industry News

Receivables expert joins Salford-based firm


Sharon Lornie has been appointed as a Receivables Specialist at Cerberus Receivables Management in Salford.

Receivables expert joins Salford-based firm


"I worked alongside CRM for a number of years in my previous role, so I'd experienced their great work ethic and professionalism first-hand. When the opportunity arose to join their team, I took it"
Sharon Lornie, CRM



CRM works with asset-based lenders, restructuring  firms and directly with business owners to help determine financial difficulties and develop and implement strategies to overcome them. It is part of the Cerberus Group.

 

Sharon will have a UK-wide remit with responsibilities including undertaking offsite system reviews for clients, verifying sales ledgers and collecting books and records. She will also be involved in planning, implementing and working through collection strategies for both CRM’s funder and restructuring clients.

 

She commented: “I’ll be working across all client sectors here at Cerberus, which reflects my 21-year background in the invoice finance industry – having held the roles of Recoveries Manager, Relationship Manager and Risk Manager for the UK's leading independent invoice finance specialist.

 

Sharon has a strong background in invoice factoring gained client-side so she can approach cases from a funder’s perspective, which has real benefits for CRM’s clients.

 

She said: “I worked alongside CRM for a number of years in my previous role, so I’d experienced their great work ethic and professionalism first-hand. When the opportunity arose to join their team, it was an easy decision to make.”

 

She joins them at what is an unprecedented and challenging time for most businesses. 

 

She added: “The vaccine has given us all some hope for economic recovery, but I do think it will be hampered by some of the Government loans and financial support introduced to sustain companies during the crisis. Yes, they’ve been a much-needed lifeline and kept businesses alive, but they’re also masking the inevitable grim reality of mounting corporate debt. Once Government support ends, many businesses will be unable to bear the debt they took on to survive.

 

“As a result, I think there’s likely to be an upturn in insolvencies, which will bring about an increased demand for our debt collection services for funders and for support in the sale of assets. Similarly, we’re likely to see more appointments to review sales ledgers, books and records and verification work on their behalf.

 

“My job obviously keeps me busy but in the spare time I do have, I’m mostly a taxi - driving my two daughters to lacrosse and netball fixtures across the northwest.  I also enjoy going to the gym, running and walking my dog.”

.


Finance Business News - South Manchester based accountancy firm Leavitt Walmsley Associates LWA are thrilled to announce they are due to return as an official Manchester Storm sponsor for the 20 21 Ice Hockey Elite Series LWA first came on board with the local club during the 2017 18 Elite League season and have continu...


LWA Return as Official Sponsor for the 2021 Ice Hockey Elite Series

Finance Business News - With the world facing the greatest public health crisis in living memory and public sector borrowing at record levels, leading economic historian, Dr George Maher, argues that the root causes of many of the economic disasters of our time are much the same as those of the Roman Empire.


Pugnare - George Maher's lessons from the economic collapse of Rome

Finance Business News - Savings and loans provider Manchester Credit Union has reached a milestone of 12.5million savings by its Mancunian members as it celebrates its 30th anniversary.


Manchester Credit Union celebrates 30th anniversary as savings pass £12.5M

Finance Business News - A North-East based fintech firm has been launched with the aim of digitally transforming the way private equity firms, venture capital funds and angel investment networks currently manage the end-to-end investment process.


Fintech firm digitally transforming the investment sector

Finance Business News - Financial adversity is at the forefront of many retail SME leaders agenda.


How Retail SMEs Can Transform Their Finance Department After a Pandemic

Finance Business News - With IPO s trending, it can seem pedestrian to want to retain control of your company. But there are many compelling reasons to do so. So while everyone else is listing, let s go through the reasons not to.


Why entrepreneurs should keep companies private






Ten Times Ten

We transform your bright ideas into brilliant digital products.