Octane hires Masthaven underwriting manager

Handshake-Business-Finance-Deal-Corporate-700.jpg

Octane Capital has hired former Masthaven underwriting manager Gemma Salousti as senior credit manager.

Salousti will report to Matt Smith, Octane Capital director of risk.

Octane Capital officially launched in early May with a business model that focuses on bespoke underwriting for complex and larger loans.

Salousti says: The risk-based, product-less approach Octane Capital have introduced is reinventing the specialist lending sector, and I’m looking forward to working closely with Matt and the team.

“I can’t wait to be involved with complex loans that require you to think outside the box rather than simply tick boxes. Vanilla lending this is not.”

Smith says: “At Octane Capital, we pride ourselves on our experience and Gemma has plenty of that.

“Along with an instinctive understanding of risk, she is also very commercially-minded and that ability to look at the bigger picture and act as a partner is integral to how we work.”