Blue Square Capital appoints underwriter
Bridging lender Blue Square Capital has expanded its underwriting team following huge demand for its ‘unique’ products in its first year of operation.
The London based group, which provides bridging finance for residential and commercial property nationwide, has appointed Kwok Chan to the team as an underwriter.
Kwok has previously worked as a senior underwriter at FIBR and has a wealth of experience working in the lending industry with Lendinvest, as well as Royal Bank of Scotland and Atom Bank.
Blue Square, set up in September last year, said the move had been made to support the increased demand and growth it had seen for its proposition and to guarantee a quicker turnaround for brokers and customers.
It provides 1st and 2nd Charge loans up to 75% Loan to Value (of OMV) in England and Wales with loan sizes from £100,000 to £5,000,000.
Kwok Chan said:
“I am looking forward to joining the team on this exciting journey and I am looking forward to the growth plans for the company, and to help as many brokers and borrowers as possible with their lending needs”.
Daniel Glicksman, Head of Origination. Blue Square Capital added:
“I am really happy that Kwok is joining us in our exciting growth stage of the company and I am sure his knowledge and skills will prove invaluable”.