Commercial News

Assetz Capital expands Scottish presence

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23rd July 2018
"With a strong appetite for funding and a significant pipeline of future deals, the whole of the northern team is in a fantastic position for growth"

Peer-to-peer lender Assetz Capital has moved its Scotland team into a new office based in central Edinburgh, as it looks to bolster its headcount in the country.

The new office can accommodate up to nine members of staff, including Bruce Robertson, who recently joined the firm as a relationship director in Scotland. Bruce joins Assetz Capital from Bank of Scotland, where he spent over 20 years in several senior positions in the corporate and commercial space.
 
As well as Bruce, Assetz Capital recently appointed Fraser Clark as regional support director based in the Scotland office. Fraser is responsible for the approval, processing and completion of loans for the UK north region network, which covers Scotland, Northern Ireland, North East England and Isle of Man.
 
In May, the Manchester headquartered lender announced it had advanced more than £500m to SMEs and property developers across the country, having lent over £100m in the first four months of 2018.

John Hewitt, who heads up the northern regional team, said: “This is the second time we’ve upgraded our office in Scotland in two years, which is indicative of our performance in Scotland as well as the wider region. With a strong appetite for funding and a significant pipeline of future deals, the whole of the northern team is in a fantastic position for growth, and this premise will allow us to accommodate even more staff as grow even bigger.
 
“We have grown from a one-man band to a team of nine in under two years. It is encouraging to see Assetz Capital invest in this team as we continue to expand our presence in the whole of the region.”

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