Assetz Capital appoints Andrew Charnley as managing director

By Bridging Loan Directory 14th July 2022

North West headquartered specialist marketplace lender Assetz Capital has appointed Andrew Charnley to the newly-created role of managing director.

Andrew joins the business having spent 28 years working in commercial lending across various asset classes and having undertaken a number of senior leadership roles, most recently at Together, a specialist lender, which offers short-term finance, auction finance, personal, commercial and buy-to-let mortgages, development funding and secured loans.

Going forward, Charnley will focus on Assetz Capital’s lending side of the business. He will oversee a team of 130, reporting directly to Stuart Law, Assetz Group CEO.

The appointment follows a raft of senior hires in the region, with Jason Way (business development director), James Evans (relationship director) and John McDonell (relationship director) joining the origination side of the business in recent months.

On his appointment, Andrew said:

“Assetz Capital has consistently been a market leader in the UK alternative lending sector, supporting thousands of UK SMEs and financing billions of pounds worth of new housing.

At the same time, Assetz has provided a desperately needed alternative to high street lending which has underserved crucial economic sectors over recent decades.

I’m excited to join the team at a critical moment in the Assetz growth story, as we look to continue to drive market share and innovation, consolidating our position as one of the UK’s top specialist lenders and a business which is growing ever more ambitious in terms of the impact it makes on society.”

Stuart Law added:

“Andrew will play a huge role in taking Assetz Capital to the next level of growth as we set our sights on growing our influence in the wider housing market.

One of our longer-term targets is to fund 25 per cent of the SME housebuilding sector and Andrew’s vast experience will support that ambition.”