Compass Business Finance Appoints Ken Archbold as Head of Credit to Drive Expansion

by Anna

Compass Business Finance has announced the appointment of Ken Archbold as Head of Credit, marking another significant senior addition to the company. Ken brings with him a wealth of experience in credit and underwriting, as well as a strong background in working with broker channels.

Compass Business Finance is embarking on an ambitious growth plan, with the goal of doubling the amount of capital it deploys into the market through its own portfolio and intermediaries over the next three to five years. To realize this objective, Compass is diligently assembling a team of seasoned professionals and reinforcing its systems and processes to support its client-focused financial approach, ensuring the delivery of optimal solutions for businesses.


Ken, who previously served as the Business Development Director at Metro Bank (UK) for the past seven years, expressed his enthusiasm for his new role at Compass, saying, “Compass is an incredibly entrepreneurial company. I am relishing the chance to bring that entrepreneurial spirit into finance and align with the innovative approach that Mark, Jamie, David, and the entire team apply in their business dealings.”


Compass Business Finance has established a strong presence in sectors such as print, packaging, and engineering, cultivating close relationships with customers, partners, and suppliers. Ken recognizes the company’s deep industry knowledge as a valuable asset, stating, “They know the industry inside out, which will be a big learning curve for me. I am looking forward to bringing my experience into Compass to help further expand its capabilities.”


Mark Nelson, Director at Compass, lauded Ken Archbold’s appointment, highlighting his core strengths in credit and underwriting, as well as his extensive experience in working with broker channels. Nelson emphasized Ken’s pivotal role in supporting growth, especially in areas such as construction and transportation. He added, “Ken enjoys meeting customers, understanding their businesses, and making deals happen. This aligns perfectly with our relational approach to finance.”


With Ken Archbold now at the helm of its credit operations, Compass Business Finance is poised to navigate a path of continued expansion and success in its markets.

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