Josh Knight joins Octane Capital as Business Development Manager
Third generation bridging lender, Octane Capital, today announced it has hired Josh Knight as Business Development Manager.
Josh joins from Mariana UFP, where he led the tax-efficient investments sales team, creating the company’s first Enterprise Investment Scheme and Business Relief funds.
Prior to Mariana, Josh worked for three years as a Business Development Manager at Octopus Investments, with responsibility for the London region.
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, growing from a team of three to 15 – with more senior hires to be announced soon as it approaches a £0.25bn loan book.
Josh Knight, pictured, Business Development Manager, Octane Capital, commented:
“The calibre of the team here at Octane, coupled with how exciting I find the disruptive nature of their business model, made this an opportunity I couldn’t resist. I’m fortunate to have joined just as product-less lending is being made available across the market as a whole. And with demand already soaring, I can’t wait to get stuck in.”
Mark Posniak, Managing Director, Octane Capital, added:
“We’ve known Josh for a number of years and he’s always someone you want on your team. His experience of working with intermediaries will stand him in good stead when dealing with the growing ranks of brokers who are sending clients our way. We have big plans for 2018 and there’s no doubt that Josh will help us to achieve them.”