Two key appointments
Assetz Capital in push on peer-to-peer lending in Scotland
Fraser Clark: ‘looking to help boost the company’s presence’
Peer-to-peer lender Assetz Capital has promoted Fraser Clark to relationship director and hired Colin Mottram as senior relationship manager in Scotland.
Mr Clark is currently the regional support firector for UK – North, based in Edinburgh, and his new position will involver an increased focus on deal origination and execution.
Mr Mottram has eight years’ experience working within the Lloyds Banking Group, most recently as relationship manager in its business bank. In his new role he will be responsible for securing and completing deals, as well as forging and building relationships with new and existing clients.
We’re confident that the appointments will have a huge impact on our deal execution– John Hewitt
Mr Clark said: “Peer-to-peer lending has become increasingly important as a funding stream for businesses and developers.
“I am excited to continue working with Assetz in my new role, looking to help boost the presence of the company in Scotland, and helping to grow the nation’s economy by providing funding to ambitious property developers and SMEs.”
Mr Mottram said: “There is tremendous confidence and borrower appetite in Scotland, which makes it an exciting time to be joining Assetz Capital. Businesses across Scotland and the rest of the UK have struggled with the lack of finance from banks, and I’m happy to be able to play a part in closing the funding gap.”
John Hewitt, regional director, UK – North, said: “Fraser has been a fantastic member of the Assetz team in Scotland, and I’m delighted to have him continue working in his new role as relationship director.
“To have him joined by another superb individual in Colin is a further boost to the operations in Scotland. With a wealth of experience in business lending, we’re confident that the appointments will have a huge impact on our deal execution in the region.”