The Five Minute Interview with Clint White, Director, Fiduciam
Fiduciam is a pension-fund owned bridging and marketplace lender to entrepreneurs and small and medium-sized enterprises. Granting business bridge loans to provide working capital or to finance expansion plans, standard rental loans to landlords who wish to extend their real estate portfolio and permitted development loans, to contractors and developers for straightforward construction projects. With its flexible, efficient and competitive approach to lending it helps small and medium sized businesses grow and prosper.
We speak to Clint White, director, Fiduciam:
What is the best thing about being in the bridging finance business?
It is an exciting environment – fast paced, and we say ‘yes’ a lot more often than when I was in the high street banks.
What keeps you focused?
Tight completion timeframes tend to keep me focused.
What qualities do you look for in your employees or colleagues?
Experience in bridging lending always helps. A degree in finance or law, or other banking experience. An entrepreneurial attitude, willingness to go the extra mile, ability to think outside the box. To name a few…
Are you an optimist or a pessimist?
Always an optimist
What did you want to be as a child?
I wanted to join the army.
What will be the greatest challenge facing the bridging finance industry in the coming months?
I believe the UK market will continue to tighten, in terms of the property market and the lenders chasing the reducing number of good transactions. However, with the high street banks more and more unlikely to lend to certain businesses, or for certain purposes, there are opportunities for those lenders willing, and able, to help.
Who or what makes you laugh?
Do you dread Monday mornings?
On Sunday nights I’m not usually impressed at the thought of another week; but come Monday I’m normally pretty keen to get out of bed and into the office.
If you could change one thing about yourself, what would it be?
Haha, there are too many things to change for me to name just one.
With whom would you most like to have dinner?
My grandfather. He was an interesting guy and I never talked to him enough when he was alive.