TFS Focusing on Commercial Finance Acquisitions with New Hire

TORONTO, Sept. 21, 2017 /CNW/ - Trade Finance Solutions (TFS) is pleased to announce the appointment of Bruce Sim as Head-Acquisitions. In his new role, Sim will assume responsibility for identifying acquisition candidates across the commercial finance industry in the U.S., Canada and Europe.

Sim is the former Head of Originations at TFS, and has held senior roles at ExWorks Capital, LLC; GlassRatner Advisory and Capital Group; Royal Bank of Canada (Caribbean) Limited; and Wells Fargo Global Banking. A Toronto native, Sim has lived and worked in Canada, the U.S., Singapore and Trinidad and Tobago.

"We are boosting our expertise as we grow the company and pursue new acquisition prospects," said Steve McDonald, President of Trade Finance Solutions. "Bruce Sim brings the experience and drive to help TFS achieve its growth targets."

The firm owns high performing commercial finance companies and is actively seeking opportunities to expand.

About Trade Finance Solutions

Trade Finance Solutions (TFS) is a Canadian, independent commercial finance company with $350 million in assets under management. The company provides short-term financing solutions to middle market companies, using factoring, asset-based lending, supply chain financial and purchase order financing. Clients use TFS services to finance products and bring them to the next level of sales volume and profitability.

SOURCE Trade Finance Solutions