Francesca Woodhouse joins Octane Capital as BDM
Third generation bridging lender, Octane Capital, today announced it has hired Francesca Woodhouse as Business Development Manager.
Francesca joins from Avamore Capital, where she was a Senior BDM. Prior to that, she worked at Clydesdale Bank for 11 years in various roles, ranging from credit analyst and private client specialist to business development manager. She started her career at HSBC.
Octane Capital, which launched in May 2017, prices according to risk rather than LTV, meaning each loan is uniquely constructed rather than off-the-peg.
In January, having focused on non-standard loans for its first nine months, Octane made its product-less lending model available to all short-term loan applications.
Octane has hired aggressively since launch, expanding from an initial team of three to 16 – with more senior hires to be announced soon as it continues its rapid growth strategy.
Francesca Woodhouse, BDM, Octane Capital, commented:
“I network a lot and speak to new people in the industry each day and whenever Octane cropped up in conversation everything said about them was always really positive. Coupled with the fact that they are offering a unique pricing model and are already lending in significant volumes, my interest was piqued and so here we are. I’m now focused on working alongside the rest of the sales team to get the Octane brand in front of even more brokers and make the third generation the default setting within specialist lending.”
Mark Posniak, Managing Director, Octane Capital, added:
“Francesca is a fantastic addition to our rapidly growing business development team and I have total confidence in her ability to hit the ground running. She is well-known in the industry, highly respected and, with her background in credit analysis, immediately got her head around the way we price for risk. Now that we have branched out into mainstream bridging, we expect a lot more interest from brokers and with her private client experience Francesca is the ideal person to help us accommodate that demand.”