21 February 2017
Visit experienceinfosys.com

Assetz Capital hires Santander man Andrew Fraser for Northern Ireland push

17 February 2017  |  2909 views  |  0 Source: Assetz Capital

Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer finance platforms, today committed to expansion in Northern Ireland under the guidance of recently appointed Regional Relationship Director, Andrew Fraser.

Fraser joins Assetz Capital from Santander UK Corporate and Commercial. In this role he was a Business Development Director covering the Northern Ireland region. Fraser’s new role is to help local businesses acquire finance through the peer-to-peer platform and ensure borrowing through the Assetz Capital platform runs smoothly.

Stuart Law, CEO of Assetz Capital commented, "We see Northern Ireland as a key growth area and feel we have a very strong offering to assist small and mid sized businesses looking for funding. Andrew brings a great wealth of experience to his role as Regional Relationship Director and knows the SME and property landscape of Northern Ireland incredibly well. 2017 is set to be our biggest year yet and will firmly cement us as one of the UK’s leading peer to peer lenders, so it’s vital to have Andrew on board to help us achieve this goal.”

Andrew Fraser said, “I’ve been working in corporate finance and property funding across Northern Ireland for more than 15 years and I’ve seen the issues that SMEs face when it comes to acquiring capital. I believe Assetz Capital is well placed to help, and my role will be to increase the awareness of peer-to-peer lending as well as ensuring that businesses which gain funding through Assetz Capital realise the benefits of this now established form of business funding.”

Founded in 2013, Assetz Capital is now the fifth largest P2P platform in Europe, and one of the fastest growing in the market. It is one of only two Defaqto “5 Star” rated P2P platforms, and also recently announced that its investors have earned a gross interest of more than £18m since launch in 2013, and over £108m was lent to British SMEs in 2016.

Assetz Capital has become known for its secured lending model where every loan is backed with property, and/or other realisable security in order to reduce the risk of actual loss for investors. As a result, the company has one of the lowest loss rates in the market. Currently there is over £500 million available and ready to lend to credit-worthy SMEs through the platform.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit dh.com

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
16975 views 11 comments | 52 tweets | 86 linkedin
Nesta launches £5 million Open API challengeNesta launches £5 million Open API ch...
10314 views comments | 21 tweets | 19 linkedin
Jaguar embeds payments into digital dashboardJaguar embeds payments into digital dashbo...
10204 views comments | 49 tweets | 57 linkedin
The fintech effect: Banks buy in to benefits of boosting financial well-beingThe fintech effect: Banks buy in to benefi...
9231 views comments | 17 tweets | 12 linkedin
Kevin the bot uses blockchain to offer insurance for P2P transactionsKevin the bot uses blockchain to offer ins...
8273 views comments | 17 tweets | 13 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job