SYDNEY--(BUSINESS WIRE)--Marketlend, Australia’s leading marketplace trade credit platform, has welcomed Andrew Ross to lead origination and insurance endeavours for Marketlend throughout Asia, and assist Marketlend to expand its presence in trade commodities, insured backed discounted trade credit, and distressed debt
With international trade credit underwriting experience spanning three decades, Ross started his career in looking after European export markets for Trade Indemnity before going on to work for QBE in both Australia and Hong Kong, initially in domestic underwriting, and then as head of the North Asia division. In 2015 Ross headed up the Global client’s division at Coface, before joining Bond & Credit in 2017 to start their international business.
Leo Tyndall, Marketlend CEO and Founder comments, “Andy’s remarkable track record makes him a critical part of our expansion in Asia and I’m excited to welcome Andy on board as we continue to go from strength to strength. Due to the high demand of Marketlend’s insured trade receivables lending offerings throughout Asia, Andy will be instrument to assisting in origination and insurance development plans throughout Asia.”
Ross adds, “I’m thrilled to be joining Marketlend at such a pivotal time and look forward to continuing current negotiations with numerous financiers to assist them in the reduction of trade credit exposure within Asia, the Middle East and Oceana.”
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Marketlend is Australia’s leading marketplace trade credit platform, offering working capital solutions for SMEs. The company provides supply chain finance, debtor finance and line of credit products to borrowers, with a quick turnaround and competitive rates. Marketlend securitises each trade credit facility from inception and delivers an investment that is accompanied by individualised trade credit risk protection enhancements. Founded in 2014, Marketlend is committed to creating a business world where obstacles to financial transparency, fairness, high returns and efficiency are vanquished.