365 Finance Appointed George Visser as Risk Chief
The merchant cash advance provider hired a new executive to oversee credit risk and underwriting policy for its SME funding operations.
Updated on Sept. 23, 2026 in Financial Services
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365 Finance has named George Visser as its new Chief Risk Officer to lead credit risk strategy and portfolio modeling. The firm provides merchant cash advances between £10,000 and £500,000 to SMEs across the UK and Ireland.
Why it matters
The hire aims to support the company's scaling objectives while maintaining responsible lending standards. As the firm manages funding tied to future debit and credit card sales, Visser's oversight will focus on impairment modeling and underwriting policy.
The new risk lead brings 11 years of experience from Bayport Financial Services Group to a firm that issues capital ranging from £10,000 to £500,000. These merchant cash advances are repaid directly through future debit and credit card sales.
The players
365 Finance
A provider of merchant cash advances to small and medium enterprises across the UK and Ireland.
George Visser
The new Chief Risk Officer with an 11-year background at Bayport Financial Services Group.
Bayport Financial Services Group
A financial services institution where the new risk lead spent over a decade.
The details
As Chief Risk Officer, Visser is tasked with the oversight of credit risk strategy, portfolio and impairment modeling, and underwriting policy. His appointment signifies a tightening of risk management as the provider seeks to scale its funding products for small businesses in the UK and Ireland.
Timeline
September 23, 2026: 365 Finance announced George Visser as Chief Risk Officer.
Market Landscape
The move aligns with the industry-wide trend of non-bank lenders professionalizing risk infrastructure to support scalable SME financing. It marks a transition toward more rigorous impairment modeling as these firms move to capture larger market share.
Operators seeking capital should anticipate more structured underwriting requirements as the firm scales its risk management. Businesses currently utilizing merchant cash advances should monitor their funding terms for potential shifts in credit criteria.
The takeaway
Effective risk management is the engine of sustainable growth for alternative lenders, ensuring that capital deployment remains stable. Operators should track how such management changes impact the speed and ease of funding approvals in their specific financing category.
Further reading
For more on the latest executive shifts, visit the Financial Services section.
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Do you trust alternative merchant cash advance lenders to provide stable financial support for small businesses?
