According to an announcment in the financial press, Chris Hart and Nigel Barr have joined the staff at BNP Paribas Commercial Finance in its London sales office. Both Hart and Barr are well known and respected within the asset-based lending community and are valued additions to the BNP Paribas Commercial Finance team.

Hart has over 25 years of finance experience in a wide variety of roles, mainly in an international sales environment. After many years on the commercial banking side, Hart entered the world of asset-based lending in 2004. He subsequently moved companies and began a role with a remit to source and complete crossborder ABL deals. For the last six years, Hart has been working for a major UK bank, where he built a significant and profitable portfolio of ABL deals with lending in multiple European jurisdictions. He is fluent in both French and German. Hart is also currently the president of the Turnaround Management Association UK (TMA). TMA is a worldwide trade association which seeks to bring together practitioners from across the spectrum of corporate restructuring and renewal with a view to preserving and enhancing value in the corporate sphere.

Barr has been in the ABL world for over 25 years, always in a deal origination capacity and principally in London. He began his ABL career in the 1980s and has held a number of high profile roles at various finance providers, leading the London sales teams In his previous positions. During that time he has seen the rapid development of the ABL product, as it has expanded to include several asset classes and increased its appeal to a far wider range of businesses. For the last three years, Barr has been originating and structuring ABL deals, principally from the external market.