Accelerated Payments, an invoice financing provider, has announced the appointment of C Ray Hines as Vice President of Business Development. Hines is expected to help increase the Fintech’s market share in North America – more specifically, the midwest.
The company said the new hire is part of its expansion into North America, bringing onboard local expertise in the area. The region is home to heavy industry with many businesses in need of financing.
Hines said that Accelerated Payments has built a business funding platform that enables firms to effectively manage cash flow in today’s especially harsh macroeconomic conditions.
“I am excited to begin working with the team to onboard local businesses and assist entrepreneurs with innovative receivables financing solutions.”
Ian Duffy, CEO of Accelerated Payments, said that Hines’s knowledge of the business financing market and extensive local expertise will be key as we expand to new regions.
“Ray’s leadership will be crucial as we grow our market share in North America and continue our impressive growth in 2023.”
Founded in 2017 and headquartered in Ireland, Accelerated Payments operates internationally serving firms in need of working capital. Once approved, payment is advanced, usually within 24 hours.