Aldermore strengthens asset-based lending team

Aldermore strengthens asset-based lending team


Todays other news

More mortgage rate misery to come

Rising swap rates are pushing lenders to reprice fixed deals,...

Gross mortgage lending increases 11.1% by quarter

Mortgage advances and new commitments rise as higher LTV lending...

41% switch banks for better mortgages

Better mortgage deals are a key reason for bank switching,...

Expat mortgage criteria changes for Marsden Building Society

Marsden updates expat buy-to-let lending rules, cutting income and documentation...

SLC reiterates objection to ILCA scheme

SLC renews opposition to plans to divert interest earned on...
group of businessmen and investors discuss investing in real estate and jointly plan investments in construction projects of condominiums and apartments for sale and rent. investment advisory concept
group of businessmen and investors discuss investing in real estate and jointly plan investments in construction projects of condominiums and apartments for sale and rent. investment advisory concept

New BDM appointment hopes to strengthen clients’growth potential

Aldermore has appointed Joshua Owens as business development manager within its Asset Based Lending (ABL) team.

He will work closely with brokers, advisers and businesses across the south to strengthen Aldermore’s presence in the region as part of a wider ambition by Aldermore to deepen its presence in the ABL market.

Advertisement

Previously, Owens spent nearly five years as regional sales director at Investec Capital Solutions, before which he held a number of business development roles during almost a five-year tenure at Bibby Financial Services.

Advertisement

Releasing working capital

Chris Meldrum, head of business development at Aldermore, said: “ABL can play an important role in helping established businesses release working capital, invest with confidence and pursue their growth ambitions. Joshua’s appointment strengthens our ability to bring these flexible funding solutions to more businesses across the South, while reinforcing Aldermore’s position as a specialist funding partner for SMEs with more complex requirements.”

Owens said: “In an increasingly dynamic business environment, SMEs require flexible funding solutions that align with their operational needs and growth aspirations.

“Aldermore’s relationship-led approach and deep sector expertise position it strongly to support businesses with their working capital requirements and long-term ambitions. I look forward to partnering with brokers and advisers across the South to further extend the reach of Aldermore’s offering, helping more businesses realise their growth potential and achieve their long-term goals.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Recommended for you
Related Articles

Afin Bank expands sales team

Afin Bank strengthens its sales team with three regional appointments....
Two professionals shaking hands during a business meeting in an office.

TPO appoints new ops director

The Property Ombudsman appoints Enna Khan as director of operations...
Two professionals shake hands in a bright office setting, symbolising partnership and trust.

Afin Bank appoints new sales director

Why agencies must prepare for a faster, more active home-moving...

Equity Release Group to launch new advisor platform

Equity Release Group will launch its new adviser platform TERN...

Nationwide cuts rates for second time in a week

Nationwide has reduced mortgage rates for the second time in...

Biggest decline in mortgage rates since October 2024

Mortgage rates recorded their biggest monthly fall since October 2024...

Biggest June house price drop in 14 years

Rightmove reports the sharpest June asking price fall in 14...
Recommended for you
Latest Features

More mortgage rate misery to come

Rising swap rates are pushing lenders to reprice fixed deals,...

Gross mortgage lending increases 11.1% by quarter

Mortgage advances and new commitments rise as higher LTV lending...

41% switch banks for better mortgages

Better mortgage deals are a key reason for bank switching,...
Sponsored Content

95% LTV Second Charge Mortgages, NO ERC’s and Fixed Rates starting from 3.65%

Historically second charge mortgages or secured loans as they are...

One low rate

Lenders must say what they mean and mean what they...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

0
Would love your thoughts, please comment.x
()
x