Asset based finance lender Enterprise Finance Europe (EFE) has recruited Jonathan Nicholson as a director at its Leeds office.

Jonathan takes up the major strategic appointment at EFE after great success in a number of top positions at National Australia Bank (NAB), which owns Yorkshire Bank.

Born and bred in Yorkshire, his new role at EFE involves developing the firm’s already active asset-based lending operations across Yorkshire and the North East.

Jonathan, aged 42, will work with the Leeds-based team providing competitive receivables-led funding solutions in the £500,000 to £10 million range to regional businesses.

Jonathan joins EFE after a highly successful ten-year career at NAB where his most recent position was divisional general manager for specialist sales, responsible for assets of more than £1 billion. In this role, he managed four departments – payments, factoring & invoice discounting, asset finance and international banking.

Jonathan, a keen amateur snooker player and accredited referee, lives with his family in Harrogate.

EFE director Jeremy Smith commented: “We are delighted to have made this top level appointment and look forward to working with Jonathan as he grows our business in Yorkshire and the North East.

“He has a deserved reputation in the highest professional circles for outstanding leadership and the capacity to deliver powerful growth in a fiercely competitive market. At EFE, he will have ample scope to employ his undoubted expertise to our mutual benefit.”