Assetz Capital announces multiple new hires as it targets lending of £1 billion
Assetz Capital has strengthened its origination team with four new relationship directors as it targets lending volumes of £1 billion per annum.
The specialist finance lender, which specialises in commercial mortgages, bridging and development finance, is bolstering the team to deliver its ambitious growth plans, following successful lending through the two Government recovery schemes, CBILS and RLS, and the full restarting of Retail funded lending.
Ciaran McGivern joins from Santander and is a chartered accountant with over 20 year’s banking and finance experience.
With a well-established network, Ciaran will be covering a wide geography in the North from Manchester across to Newcastle.
Jarrod Latham joins from HSBC and will be covering London and the Southeast. Jarrod brings over 20 years’ sector experience to the position, including extensive work with large corporates.
Michael Baker has arrived after 18 years with Barclays where he focused on supporting property investors and developers.
Michael is also covering London and the South-East. Ricky Humphreys joins after 10 years with NatWest where he managed a mixed portfolio of property, development, and trading business customers. Ricky will be operating from Northamptonshire.
Mark Standley, National Commercial director at Assetz Capital said:
“I couldn’t be more pleased to be welcoming Jarrod, Michael, Ricky and Ciaran to our team.
They bring with them a huge amount of experience and knowledge – all of which will be incredibly important in hitting our ambitious growth targets in supporting small and medium sized businesses and house builders.
As we move back to relative normality in the market but are seeing banks reduce their lending to SME businesses, our real-world approach to lending is more important than ever.
Whether it’s commercial mortgages, development finance or bridging, we’re committed to finding solutions that really deliver for both our borrowers and brokers.”