Ryan Houssart joins Octane Capital from Octopus Real Estate

By Bridging Loan Directory 25th February 2020

With demand for #3rdGen loans soaring as property market sentiment improves, ‘product-less’ lender, Octane Capital, today announced Ryan Houssart has joined its Sales Support team.

Ryan joins Octane from Octopus Real Estate where he worked as a Case Manager, dealing primarily with credit. Prior to Octopus, Ryan worked as a Commercial Lending Officer at Shawbrook Bank.

Joining Sales Support will enable Ryan to take his core understanding of risk into a more commercial role, working closely with Octane’s BDMs to ensure service levels remain market-leading as loan volumes increase. He will report into Oli Greenspan, Head of Marketing and Internal Sales.

Octane is seeing a surge in AIPs across the board, with demand for its more flexible refurbishment range particularly strong (the lender recently increased the level of works permitted from 50% up to 100%+ of the current market value of a property for heavy refurbishment projects).

Mark Posniak, Managing Director, Octane Capital, commented:

“Ryan wanted to be challenged and the chance to think more commercially around applications, and it’s a chance we were happy to give him. He has a great understanding of risk, which is the bedrock of any decent salesperson within the specialist lending sector, and is hungry to get involved right at the coalface. We’re thrilled to have him onboard and are confident he will be a huge asset to the team.”

Ryan Houssart, Sales Support, Octane Capital, added:

“A sales role has always been in my sights and it’s fantastic that Octane have given me the opportunity to prove myself. Octane do things in a way no other lender does and I can’t wait to learn from some of the most experienced people in the industry. Hopefully I can become a valuable addition to the team here.”