Octane Capital appoints new business development manager

Handshake-Business-Finance-Deal-Corporate-700.jpgBridging specialist Octane Capital has appointed Francesca Woodhouse as its new business development manager.

Woodhouse joins from Avamore Capital, where she was a senior BDM.

Prior to that she worked at Clydesdale for a decade in various roles, including credit analyst and private client specialist.

Since its launch last May the lender has grown its initial team of three to 16, and says further appointments are coming.

Octane Capital offers a ‘product-less’ lending model, where loans are priced according to risk, rather than LTV. Last month it announced it would be expanding to offer finance on more vanilla bridging deals.

Woodhouse says: “I’m focused on working alongside the rest of the sales team to get the Octane brand in front of even more brokers and make the third generation the default setting within specialist lending.”

Octane Capital’s managing director Mark Posniak adds: “Francesca is a fantastic addition to our rapidly growing business development team. She is well-known in the industry, highly respected and with her background in credit analysis immediately got her head around the way we price for risk.

“Now we have branched out into mainstream bridging we expect a lot more interest from brokers, and with her private client experience Francesca is the ideal persona to help us accommodate that demand.”

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