The Five Minute Interview with Ryan Parrett, Business Development Manager, 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 business development manager, Ryan Parrett:
What is the best thing about being in the bridging finance business?
Getting good deals done in a timely fashion and developing long term broker/ borrower relationships. Boring answer, but true.
What keeps you focused?
Time! There never seems to be enough of it. There are also so many pitfalls that can derail deals, you must stay close to the action.
What qualities do you look for in your employees or colleagues?
The same commitment to getting deals completed as I and the broker/ borrower have.
Are you an optimist or a pessimist?
An optimist of course, but as a lender, we must have a healthy degree of realism.
What did you want to be as a child?
Same as many I am sure. A sports career culminating in winning the football and rugby world cups, captaining an Ashes win in Australia, followed by a stint as prime minister.
What will be the greatest challenge facing the bridging finance industry in the coming months?
Who or what makes you laugh?
Classic comedy such as Alan Partridge, Fawlty Towers, Some Mother’s Do Ave Em, Curb your Enthusiasm etc
Do you dread Monday mornings?
Two cups of tea at home, a large Americano on the train, and I’m good to go.
If you could change one thing about yourself, what would it be?
It would be nice to bowl a cricket ball accurately at 90+ mph.
With whom would you most like to have dinner?
A dinner party with Phil Tufnell, Shane Warne, Dennis Compton and Gladstone Small would be lively. Add Betty Boothroyd to keep order and Geoffrey Boycott to quieten things down with some sobering Yorkshire Tea and his opinions on how things should be done.