Commercial News

United Trust Bank enhances high value car finance business with new BDM

Rozi Jones -
|
11th January 2022
classic car luxury assets
"He has established strong relationships with many of the top brokers providing high value car funding and will be looking to help more general brokers seize opportunities and develop their own high value car offerings."

United Trust Bank has appointed Alex Cooper as a lead business development manager for specialist motor finance within its asset finance sales team.

Alex will help to grow the Bank’s high value car business as it aims to become the ‘go to’ high value car funder for brokers.

Alex has worked in the asset finance industry for 10 years with funders and brokers including Liberty Leasing, EFT Finance and most recently Metro Bank. At Metro Bank he assisted private banking customers with purchases of high value cars and worked with brokers offering high value car funding.

At UTB Alex will manage relationships with established high value car brokers and assist the Bank’s general broker partners across Great Britain when they come across opportunities to arrange funding solutions for classic, prestige and supercars.

In 2021 UTB announced its intention to attract larger deals and grow its higher value car business. The Bank has subsequently developed its asset finance sales, operations and credit teams to ensure it can meet increasing demand and maintain its high levels of personal broker service.

Jon Mote, head of specialist sectors at United Trust Bank, commented: “Alex brings yet more high value car knowledge and experience to the team as we continue to grow our presence in the sector. He has established strong relationships with many of the top brokers providing high value car funding and will be looking to help more general brokers seize opportunities and develop their own high value car offerings.

“2021 was a very successful year for UTB having completed record breaking levels of new business across the Bank. As a result, we have started 2022 with our biggest ever Asset Finance loan book, our largest ever team and yet more exciting plans to grow our business this year.”

Related articles
More from Commercial News
Subscribe
to our newsletter

Join a community of over 6,700 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.